Engineering Economics
Lands, buildings, plants and machineries are example of what type of asset?

Trade investment asset
Fixed asset
Current asset
Intangible asset

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

All listed here
The income statement is the summary of revenues and expenses of a firm over a particular period of time
The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time
Final analysis always involves the use of various financial statements i.e., balance sheet and income statement

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Engineering Economics
Which is true about corporation?

The minimum number of incorporators to start a corporation is three.
The stock holders of the corporation are only liable to the extent of their investments.
It is worse type of business organization.
Its life is dependent on the lives of the incorporators.

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