Engineering Economics What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled? Common stock Incorporator stock Authorized capital stock Preferred stock Common stock Incorporator stock Authorized capital stock Preferred stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of supply Law of supply and demand Law of diminishing return Law of demand Law of supply Law of supply and demand Law of diminishing return Law of demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5010000 5025000 5050000 5000000 5010000 5025000 5050000 5000000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Effective rate of interest Simple interest Nominal rate of interest Compound interest Effective rate of interest Simple interest Nominal rate of interest Compound interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The process of determining the value or worth of a physical property for specific reason is called ______. Valuation Depletion Investment Economy Valuation Depletion Investment Economy 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? Unstable economy Rate of interest cannot be exactly determined The initial deprecation is high The initial depreciation is low Unstable economy Rate of interest cannot be exactly determined The initial deprecation is high The initial depreciation is low ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS