Engineering Economics What is the basic accounting equation? Owner’s equity = assets + liability Owner’s equity = liability – assets Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = assets + liability Owner’s equity = liability – assets Liability = assets + owners’ equity Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time? Capitalized cost Operating cost Increment cost Annual cost Capitalized cost Operating cost Increment cost Annual cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The financial health of the company is measured in terms of: Liquidity Relative risk Solvency All of these Liquidity Relative risk Solvency All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Sunk cost Economic life Annuity In-place value Sunk cost Economic life Annuity In-place value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula (1+i)^-n? Uniform gradient future worth Single payment compound amount Capital recovery Single payment present worth Uniform gradient future worth Single payment compound amount Capital recovery Single payment present worth ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Yield Time value of money Interest rate Present worth factor Yield Time value of money Interest rate Present worth factor ANSWER DOWNLOAD EXAMIANS APP