Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depreciation Deflation Depletion Inflation Depreciation Deflation Depletion Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is true about corporation? Its life is dependent on the lives of the incorporators. The minimum number of incorporators to start a corporation is three. The stock holders of the corporation are only liable to the extent of their investments. It is worse type of business organization. Its life is dependent on the lives of the incorporators. The minimum number of incorporators to start a corporation is three. The stock holders of the corporation are only liable to the extent of their investments. It is worse type of business organization. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Current assets less inventories divided by current liabilities is known as Acid-Test (or Quick) ratio Liquidity ratio Current ratio Debts ratio Acid-Test (or Quick) ratio Liquidity ratio Current ratio Debts ratio 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 9,250.00 P 9,308.45 P 9,228.45 P 9,358.41 P 9,250.00 P 9,308.45 P 9,228.45 P 9,358.41 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The owner of the construction company makes use of the estimate: To determine economic feasibility of the project All of these To assist in financial arrangements To determine the capital investment costs To determine economic feasibility of the project All of these To assist in financial arrangements To determine the capital investment costs ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the reduction in the money value of capital asset is called? Deficit Loss Capital expenditure Capital loss Deficit Loss Capital expenditure Capital loss ANSWER DOWNLOAD EXAMIANS APP