Engineering Economics A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? P 2,200.00 P 2,000.00 P 2,100.00 P 2,300.00 P 2,200.00 P 2,000.00 P 2,100.00 P 2,300.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Demand Product Good Supply Demand Product Good Supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where 8% is the rate of interest per year Neither (A) nor (B) Money is borrowed for n = 7 years Both (A) and (B) 8% is the rate of interest per year Neither (A) nor (B) Money is borrowed for n = 7 years Both (A) and (B) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Inventory turnover Net sale Owner’s equity Quick assets Inventory turnover Net sale Owner’s equity Quick assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Oligopoly Oligopsony Monopsony Monopoly Oligopoly Oligopsony Monopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 10 years 9 years 8 years 7 eyars 10 years 9 years 8 years 7 eyars ANSWER DOWNLOAD EXAMIANS APP
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