Engineering Economics The key to profitable operation for project cost control, is: To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget None of these To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget None of these To keep the project cost within the cost budget and knowing when and where job costs are deviating ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,010,000.00 $ 5,000,000.00 $ 5,050,000.00 $ 5,025,000.00 $ 5,010,000.00 $ 5,000,000.00 $ 5,050,000.00 $ 5,025,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest. 0.1232 0.1208 0.12 0.1189 0.1232 0.1208 0.12 0.1189 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity that does not have a fixed time span but continues indefinitely or forever? Perpetuity Deferred annuity Ordinary annuity Annuity due Perpetuity Deferred annuity Ordinary annuity Annuity due ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Current assets to current liabilities Net credit sales to average net receivable Gross profit to net sales Net income to owner’s equity Current assets to current liabilities Net credit sales to average net receivable Gross profit to net sales Net income to owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? 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