Engineering Economics Using factor method, the depletion at any given year is equal to: Initial cost of property divided by the total units in property Initial cost of property divided by the number of units sold during the year Initial cost of property times number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property divided by the total units in property Initial cost of property divided by the number of units sold during the year Initial cost of property times number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Cash money and credit necessary to establish and operate an enterprise are generally called ______. Assets Capital Funds Liabilities Assets Capital Funds Liabilities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period? 5873.2 5937.5 5712.4 5690.12 5873.2 5937.5 5712.4 5690.12 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Goods Commodities Goods or commodities Services Goods Commodities Goods or commodities Services ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The depletion allowance method of computing depletion is commonly known as ______. Percentage method Sinking fund method Unit method Factor method Percentage method Sinking fund method Unit method Factor method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; Capital recovery annuity Compound annuity Sinking fund annuity Present Worth Annuity Capital recovery annuity Compound annuity Sinking fund annuity Present Worth Annuity ANSWER DOWNLOAD EXAMIANS APP