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? Declining balance method Sum-of-year digit method Sinking fund method Straight line method Declining balance method Sum-of-year digit method Sinking fund method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Monopoly Oligopsony Monopsony Oligopoly Monopoly Oligopsony Monopsony Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Lands, buildings, plants and machineries are example of what type of asset? Intangible asset Current asset Trade investment asset Fixed asset Intangible asset Current asset Trade investment asset Fixed asset ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Salvage value is sometimes known as ______. Second-hand value Scrap value Junk value Going value Second-hand value Scrap value Junk value Going value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of these gives the lowest effective rate of interest? 11.60 % compounded annually 12.35 % compounded annually 12.20 % compounded annually 11.90 % compounded annually 11.60 % compounded annually 12.35 % compounded annually 12.20 % compounded annually 11.90 % compounded annually ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: S/(1 + i)n None of these S (1 + i)n S (1 + i)1/n S/(1 + i)n None of these S (1 + i)n S (1 + i)1/n ANSWER DOWNLOAD EXAMIANS APP