Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Luxury Consumer products Necessity Producer products Luxury Consumer products Necessity Producer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: None of these √(n + i) (1 + i)(1/2n) (1 + i)n None of these √(n + i) (1 + i)(1/2n) (1 + i)n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? Rate of interest cannot be exactly determined The initial depreciation is low Unstable economy The initial deprecation is high Rate of interest cannot be exactly determined The initial depreciation is low Unstable economy The initial deprecation is high ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries. Joint bond Security bond Mortgage bond Collateral trust bond Joint bond Security bond Mortgage bond Collateral trust bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A bond without any security behind them except a promise to pay by the issuing corporation is called ______. Debenture bond Trust bond Joint bond Common bond Debenture bond Trust bond Joint bond Common bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence. Property Corporation Partnership Organization Property Corporation Partnership Organization ANSWER DOWNLOAD EXAMIANS APP