Engineering Economics
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?

Ordinary annuity
Perpetuity
Deferred annuity
Annuity due

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Engineering Economics
A construction estimate is used

To decide an approximation of the value of the project and not the exact cost
To produce a statement of the approximate cost
None of these
To judge tentatively or approximate value of the project

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Engineering Economics
Which is true about partnership?

It can be handed down from one generation of partners to another.
It has a perpetual life.
Its capitalization must be equal for each partner.
It will be dissolved if one of the partners ceases to be connected with the partnership.

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Engineering Economics
Pick up the correct statement regarding financial statement analysis from the following.

All listed here
The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time
Final analysis always involves the use of various financial statements i.e., balance sheet and income statement
The income statement is the summary of revenues and expenses of a firm over a particular period of time

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