Engineering Economics What is the term for an annuity with a fixed time span? Ordinary annuity Perpetuity Annuity due Annuity certain Ordinary annuity Perpetuity Annuity due Annuity certain 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 ______. Corporation Entrepreneurship Partnership Proprietorship Corporation Entrepreneurship Partnership Proprietorship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where Neither (A) nor (B) Both (A) and (B) Money is borrowed for n = 7 years 8% is the rate of interest per year Neither (A) nor (B) Both (A) and (B) Money is borrowed for n = 7 years 8% is the rate of interest per year ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? 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 Rate of interest cannot be exactly determined ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Lands, buildings, plants and machineries are example of what type of asset? Current asset Intangible asset Trade investment asset Fixed asset Current asset Intangible asset Trade investment asset Fixed asset ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Free-for-all competition Atomistic competition Heterogeneous market No-limit competition Free-for-all competition Atomistic competition Heterogeneous market No-limit competition ANSWER DOWNLOAD EXAMIANS APP