Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Deflation Inflation Depreciation Depletion Deflation Inflation Depreciation Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Rate of return Yield rate Economic return Rate of interest Rate of return Yield rate Economic return Rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Current assets less inventories divided by current liabilities is known as Acid-Test (or Quick) ratio Current ratio Liquidity ratio Debts ratio Acid-Test (or Quick) ratio Current ratio Liquidity ratio Debts ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded. Monthly Bimonthly Quarterly Annually Monthly Bimonthly Quarterly Annually ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund? Bank notes T-bills Securities Bond Bank notes T-bills Securities Bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 9 years 7 eyars 8 years 10 years 9 years 7 eyars 8 years 10 years ANSWER DOWNLOAD EXAMIANS APP