Engineering Economics The process of determining the value or worth of a physical property for specific reason is called ______. Economy Valuation Depletion Investment Economy Valuation Depletion Investment ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of supply and demand Law of supply Law of demand Law of diminishing return Law of supply and demand Law of supply Law of demand Law of diminishing return 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? Sinking fund method 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 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Return on investment ratio is the ratio of the: Cost of goods sold to average cost of inventory at hand Market price per share to earnings per share Net credit sales to average net receivable Net income to owner’s equity Cost of goods sold to average cost of inventory at hand Market price per share to earnings per share Net credit sales to average net receivable Net income to owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula (1+i)^-n? Uniform gradient future worth Capital recovery Single payment compound amount Single payment present worth Uniform gradient future worth Capital recovery Single payment compound amount Single payment present worth ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Effective rate of interest Nominal rate of interest Compound interest Simple interest Effective rate of interest Nominal rate of interest Compound interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
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