Engineering Economics
Capitalized cost of any structure or property is computed by which formula?

First cost + salvage value
Annual cost – interest of first cost
First cost + cost of perpetual maintenance
First cost + interest of first cost

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Engineering Economics
Which is true about partnership?

It can be handed down from one generation of partners to another.
It will be dissolved if one of the partners ceases to be connected with the partnership.
Its capitalization must be equal for each partner.
It has a perpetual life.

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