Engineering Economics What is another term for “unit method” for computing depletion? Initial cost method Factor method Percentage method Sinking fund method Initial cost method Factor method Percentage method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct reason for making conceptual (or preliminary) estimate from the following: All of these To have a check on a definitive cost estimate To compute target estimate for the owner while drawing and specifications are in initial stage To check quotations from contractors and/or sub-contractors All of these To have a check on a definitive cost estimate To compute target estimate for the owner while drawing and specifications are in initial stage To check quotations from contractors and/or sub-contractors ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Sunk cost Economic life In-place value Annuity Sunk cost Economic life In-place value Annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Horizon cost Ghost cost Opportunity cost Null cost Horizon cost Ghost cost Opportunity cost Null cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Using factor method, the depletion at any given year is equal to: 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 number of units sold during the year Initial cost of property divided by the total units in property 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 number of units sold during the year Initial cost of property divided by the total units in property ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following is included in financial ratios of the firm? Liquidity ratio All of these Profitability ratio Turnover ratio Liquidity ratio All of these Profitability ratio Turnover ratio ANSWER DOWNLOAD EXAMIANS APP