Engineering Economics
What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry?

Rate of interest cannot be exactly determined
Unstable economy
The initial deprecation is high
The initial depreciation is low

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Engineering Economics
Which is true about corporation?

The minimum number of incorporators to start a corporation is three.
Its life is dependent on the lives of the incorporators.
The stock holders of the corporation are only liable to the extent of their investments.
It is worse type of business organization.

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Engineering Economics
Current ratio is:

(Current assets + loans advances)/Current liabilities
(Current assets + loans)/Current liabilities
Current assets/Current liabilities
None of these

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