Engineering Economics
Annuities involve:

A series of payments
All payments of equal amount
All of these
Payment at equal time intervals

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Engineering Economics
Pick up the correct statement regarding financial statement analysis from the following.

The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time
All listed here
The income statement is the summary of revenues and expenses of a firm over a particular period of time
Final analysis always involves the use of various financial statements i.e., balance sheet and income statement

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Engineering Economics
In a cash flow series:

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
The gradient in the cash flow may be positive or negative

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