Engineering Economics Salvage value is sometimes known as ______. Junk value Scrap value Second-hand value Going value Junk value Scrap value Second-hand value Going value 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 Which one of the following is included in financial ratios of the firm? Liquidity ratio Turnover ratio Profitability ratio All of these Liquidity ratio Turnover ratio Profitability ratio All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Necessity Luxury Producer products Consumer products Necessity Luxury Producer products Consumer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Balanced sheet Trial balance Worksheet Ledger Balanced sheet Trial balance Worksheet Ledger 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 demand Law of supply and demand Law of diminishing return Law of supply Law of demand Law of supply and demand Law of diminishing return Law of supply ANSWER DOWNLOAD EXAMIANS APP
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