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 What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Consumer products Producer products Necessity Luxury Consumer products Producer products Necessity Luxury ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results? Physical depreciation Functional depreciation Design depreciation Demand depreciation Physical depreciation Functional depreciation Design depreciation Demand depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Seller Manufacturer Producer Buyer or consumer Seller Manufacturer Producer Buyer or consumer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Sole proprietorship Partnership Corporation Entrepreneurship Sole proprietorship Partnership Corporation Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Assets Proprietorship Liability Equity Assets Proprietorship Liability Equity ANSWER DOWNLOAD EXAMIANS APP
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