Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? 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 Declining balance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Services Goods or commodities Commodities Goods Services Goods or commodities Commodities Goods ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The project contractor relies on the cost of the estimate: All of these For a unit price contract For submission of a competitive bid for a lump-sum contract For preparation of a definitive estimate to help negotiate contract All of these For a unit price contract For submission of a competitive bid for a lump-sum contract For preparation of a definitive estimate to help negotiate contract ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Liquidity ratios are used: To compare short term obligations to short-term resources available to meet these obligations All of these To measure a firm’s ability to meet short-cut obligations To obtain much insight into the present cash solvency of the firm and the firm To compare short term obligations to short-term resources available to meet these obligations All of these To measure a firm’s ability to meet short-cut obligations To obtain much insight into the present cash solvency of the firm and the firm ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Sunk cost In-place value Annuity Economic life Sunk cost In-place value Annuity Economic life ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Ratio analysis of a construction firm is used for analysis by: Banks of the firm Firm's management Financial analysts Share holders Banks of the firm Firm's management Financial analysts Share holders ANSWER DOWNLOAD EXAMIANS APP
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