Engineering Economics
The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______.

Economic life
Sunk cost
In-place value
Annuity

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Engineering Economics
Pick up the correct statement regarding financial statement analysis from the following.

Final analysis always involves the use of various financial statements i.e., balance sheet and income statement
The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time
All listed here
The income statement is the summary of revenues and expenses of a firm over a particular period of time

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