Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Services Commodities Goods Goods or commodities Services Commodities Goods Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations. Goodwill Known owners Status company Big income Goodwill Known owners Status company Big income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: S (1 + i)n S/(1 + i)n None of these S (1 + i)1/n S (1 + i)n S/(1 + i)n None of these S (1 + i)1/n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%. P 9,228.45 P 9,250.00 P 9,308.45 P 9,358.41 P 9,228.45 P 9,250.00 P 9,308.45 P 9,358.41 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is true about partnership? It has a perpetual life. Its capitalization must be equal for each partner. It can be handed down from one generation of partners to another. It will be dissolved if one of the partners ceases to be connected with the partnership. It has a perpetual life. Its capitalization must be equal for each partner. It can be handed down from one generation of partners to another. It will be dissolved if one of the partners ceases to be connected with the partnership. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? 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
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