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 The initial depreciation is low Unstable economy The initial deprecation is high Rate of interest cannot be exactly determined The initial depreciation is low Unstable economy The initial deprecation is high ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days. 0.1961 0.1944 0.1931 0.1972 0.1961 0.1944 0.1931 0.1972 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Bookkeeping system General journal system Balance check Ledger system Bookkeeping system General journal system Balance check Ledger system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The original record of a business transaction is recorded in this book. Ledger Journal Account book Work book Ledger Journal Account book Work book ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a government bond which has an indefinite life rather than a specific maturity? Coupon T-bill Consol Debenture Coupon T-bill Consol Debenture ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments. P 43,600.10 P 43,763.20 P 43,263.91 P 43,489.47 P 43,600.10 P 43,763.20 P 43,263.91 P 43,489.47 ANSWER DOWNLOAD EXAMIANS APP