Engineering Economics What is another term for “unit method” for computing depletion? Initial cost method Factor method Sinking fund method Percentage method Initial cost method Factor method Sinking fund method Percentage method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for? Par value Return Dividend Equity Par value Return Dividend Equity 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 unit sold during the year divided by the total units in property Initial cost of property times number of units sold during the year 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 unit sold during the year divided by the total units in property Initial cost of property times number of units sold during the year 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 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Assets Liability Proprietorship Equity Assets Liability Proprietorship Equity 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 Goods or commodities Commodities Services Goods Goods or commodities Commodities Services ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Perfect monopoly exists only if: the single vendor is the only one who has the permit to sell the single vendor can prevent the entry of all other vendors in the market the single vendor is the only one who has the knowledge of the product the single vendor gets the absolute franchise of the product the single vendor is the only one who has the permit to sell the single vendor can prevent the entry of all other vendors in the market the single vendor is the only one who has the knowledge of the product the single vendor gets the absolute franchise of the product ANSWER DOWNLOAD EXAMIANS APP
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