Engineering Economics Pick up the correct method adopted for developing the approximate or conceptual estimates from the following: Cost per square metre Cost per function method All of these Base unit method Cost per square metre Cost per function method All of these Base unit method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The first payment is made at the beginning of the first period. The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. The first payment is made at the beginning of the first period. The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Using factor method, the depletion at any given year is equal to: Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property divided by the number of units sold during the year Initial cost of property divided by the total units in property Initial cost of property times number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property divided by the number of units sold during the year Initial cost of property divided by the total units in property Initial cost of property times number of units sold during the year ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Liquidity ratios are used: 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 To compare short term obligations to short-term resources available to meet these obligations All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of supply and demand Law of supply Law of diminishing return Law of demand Law of supply and demand Law of supply Law of diminishing return Law of demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; Sinking fund annuity Present Worth Annuity Compound annuity Capital recovery annuity Sinking fund annuity Present Worth Annuity Compound annuity Capital recovery annuity ANSWER DOWNLOAD EXAMIANS APP
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