Engineering Economics What is the basic accounting equation? Liability = assets + owners’ equity Owner’s equity = liability – assets Assets = liability + owner’s equity Owner’s equity = assets + liability Liability = assets + owners’ equity Owner’s equity = liability – assets Assets = liability + owner’s equity Owner’s equity = assets + liability ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the method used for project evaluation and selection in capital budgeting from the following: Net present worth Payback period All listed here Internal ratio of return Net present worth Payback period All listed here Internal ratio of return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 13.7 years 14.7 years 15.3 years 14.2 years 13.7 years 14.7 years 15.3 years 14.2 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Entrepreneurship Proprietorship Partnership Corporation Entrepreneurship Proprietorship Partnership Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation? T-bills Promissory note Stock Bond T-bills Promissory note Stock Bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the common methods of computing depletion charge? Unit method and percentage method Discrete method and depletion allowance method Conservative method and conventional method Rational method and irrational method Unit method and percentage method Discrete method and depletion allowance method Conservative method and conventional method Rational method and irrational method ANSWER DOWNLOAD EXAMIANS APP