Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Sum-of-year digit method Declining balance method Straight line method Sinking fund method Sum-of-year digit method Declining balance method Straight line method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Foreign exchange Monetary unit Cash or check Currency Foreign exchange Monetary unit Cash or check Currency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Quick assets Net sale Owner’s equity Inventory turnover Quick assets Net sale Owner’s equity Inventory turnover ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is: a - (n - 1) b a × (n - 1) b a + (n - 1) b a + (n + 1) b a - (n - 1) b a × (n - 1) b a + (n - 1) b a + (n + 1) b ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: The owner of the facility The consulting architect/engineer The contractor of the project All of these The owner of the facility The consulting architect/engineer The contractor of the project All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Economic return Rate of interest Rate of return Yield rate Economic return Rate of interest Rate of return Yield rate ANSWER DOWNLOAD EXAMIANS APP