Engineering Economics Salvage value is sometimes known as ______. Scrap value Second-hand value Junk value Going value Scrap value Second-hand value Junk value Going value 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? Straight line method Declining balance method Sum-of-year digit method Sinking fund method Straight line method Declining balance method Sum-of-year digit method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.? Stock Necessity Commodity Utility Stock Necessity Commodity Utility ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of a project is also known as ______. Project cost Infinite cost Life cost Life cycle cost Project cost Infinite cost Life cost Life cycle cost ANSWER DOWNLOAD EXAMIANS APP
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. Known owners Goodwill Status company Big income Known owners Goodwill Status company Big income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of any structure or property is computed by which formula? First cost + interest of first cost Annual cost – interest of first cost First cost + cost of perpetual maintenance First cost + salvage value First cost + interest of first cost Annual cost – interest of first cost First cost + cost of perpetual maintenance First cost + salvage value ANSWER DOWNLOAD EXAMIANS APP
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