Engineering Economics An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method P 3,279.27 P 3,927.27 P 3,729.27 P 3,792.72 P 3,279.27 P 3,927.27 P 3,729.27 P 3,792.72 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 7 eyars 8 years 10 years 9 years 7 eyars 8 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for? Equity Dividend Par value Return Equity Dividend Par value Return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,945.64 P1,345.98 P1,549.64 P1,459.64 P1,945.64 P1,345.98 P1,549.64 P1,459.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The original record of a business transaction is recorded in this book. Account book Journal Ledger Work book Account book Journal Ledger Work book ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depreciation Depletion Inflation Deflation Depreciation Depletion Inflation Deflation ANSWER DOWNLOAD EXAMIANS APP