Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depreciation Deflation Inflation Depletion Depreciation Deflation Inflation Depletion 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 Services Commodities Goods or commodities Goods Services Commodities Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,504.57 P 2,500.57 P 2,544.45 P 2,540.56 P 2,504.57 P 2,500.57 P 2,544.45 P 2,540.56 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call a one-time credit against taxes? Revenue credit Tax credit Due credit Credible credit Revenue credit Tax credit Due credit Credible credit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of the following is an example of intangible asset? Patents Cash Furnitures Investment in subsidiary companies Patents Cash Furnitures Investment in subsidiary companies 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: None of these S/(1 + i)n S (1 + i)1/n S (1 + i)n None of these S/(1 + i)n S (1 + i)1/n S (1 + i)n ANSWER DOWNLOAD EXAMIANS APP
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