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Engineering Economics

Engineering Economics
What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days.

0.1944
0.1931
0.1972
0.1961

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Engineering Economics
The ability to convert assets to cash quickly is known as ______.

Solvency
Leverage
Liquidity
Insolvency

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Engineering Economics
An association of two or more persons for the purpose of engaging into a business for profit is called ______.

Corporation
Entrepreneurship
Partnership
Proprietorship

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Engineering Economics
Pick up the correct method adopted for developing the approximate or conceptual estimates from the following:

Base unit method
All of these
Cost per function method
Cost per square metre

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Engineering Economics
What represents the share of participation in business organizations?

Franchise
Partnership
Stock
Corporation

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Engineering Economics
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion.

$ 5,000,000.00
$ 5,010,000.00
$ 5,025,000.00
$ 5,050,000.00

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