Engineering Economics ______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations. Status company Known owners Goodwill Big income Status company Known owners Goodwill Big income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the simplest form of business organization? Sole proprietorship Enterprise Corporation Partnership Sole proprietorship Enterprise Corporation Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there is only one seller and many buyers, the market situation is ________ . Oligopsony Monopoly Oligopoly Duopsony Oligopsony Monopoly Oligopoly Duopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depreciation Depletion Inflation Deflation Depreciation Depletion Inflation Deflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? P 2,200.00 P 2,000.00 P 2,300.00 P 2,100.00 P 2,200.00 P 2,000.00 P 2,300.00 P 2,100.00 ANSWER DOWNLOAD EXAMIANS APP
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? Declining balance method Sinking fund method Sum-of-year digit method Straight line method Declining balance method Sinking fund method Sum-of-year digit method Straight line method ANSWER DOWNLOAD EXAMIANS APP
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