Engineering Economics
What is the type of annuity that does not have a fixed time span but continues indefinitely or forever?

Perpetuity
Ordinary annuity
Annuity due
Deferred annuity

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Engineering Economics
Current ratio is:

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

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Engineering Economics
Using factor method, the depletion at any given year is equal to:

Initial cost of property divided by the number of units sold during the year
Initial cost of property times number of unit sold during the year divided by the total units in property
Initial cost of property divided by the total units in property
Initial cost of property times number of units sold during the year

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