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.

8 years
9 years
7 eyars
10 years

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Engineering Economics
The financial analysis:

All of these
Helps a bank to know the financial position of the firm for granting a loan to the firm
Helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment
Helps to judge the success of the firm's financial plans

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