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.

9 years
8 years
7 eyars
10 years

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Engineering Economics
In case of bankruptcy of a partnership,

The partners are not liable for the liabilities of the partnership
The partners personal assets are attached to the debt of the partnership
The partners nay sell stock to generate additional capital
The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities

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