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 3,927.27
P 3,279.27
P 3,729.27
P 3,792.72

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
In case of bankruptcy of a partnership,

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

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
In a cash flow series:

The gradient in the cash flow may be positive or negative
Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period
All of these
Either an increase or decrease in the amount of a cash flow is called the gradient

ANSWER DOWNLOAD EXAMIANS APP