Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Exact simple interest None of these Interest Ordinary simple interest Exact simple interest None of these Interest Ordinary simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the term for an annuity with a fixed time span? Annuity due Perpetuity Annuity certain Ordinary annuity Annuity due Perpetuity Annuity certain Ordinary annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to meet debts as they become due is known as ______. Insolvency Leverage Solvency Liquidity Insolvency Leverage Solvency Liquidity 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
Engineering Economics Double taxation is a disadvantage of which business organization? Partnership Sole proprietorship Enterprise Corporation Partnership Sole proprietorship Enterprise Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Economic life Sunk cost Annuity In-place value Economic life Sunk cost Annuity In-place value ANSWER DOWNLOAD EXAMIANS APP
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