Engineering Economics Pick up the correct reason for making conceptual (or preliminary) estimate from the following: To have a check on a definitive cost estimate All of these To compute target estimate for the owner while drawing and specifications are in initial stage To check quotations from contractors and/or sub-contractors To have a check on a definitive cost estimate All of these To compute target estimate for the owner while drawing and specifications are in initial stage To check quotations from contractors and/or sub-contractors 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? Sum-of-year digit method Straight line method Sinking fund method Declining balance method Sum-of-year digit method Straight line method Sinking fund method Declining balance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? 0.2 0.18 0.19 0.21 0.2 0.18 0.19 0.21 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Solvency Leverage Liquidity Insolvency Solvency Leverage Liquidity Insolvency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the increase in the money value of a capital asset is called? Capital gain Capital stock Profit Capital expenditure Capital gain Capital stock Profit Capital expenditure ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Monetary unit Currency Foreign exchange Cash or check Monetary unit Currency Foreign exchange Cash or check ANSWER DOWNLOAD EXAMIANS APP
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