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?

Sinking fund method
Straight line method
Sum-of-year digit method
Declining balance method

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

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
All listed here
The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time

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