Engineering Economics What refers to the claim of anyone to ownership? Assets Equity Liability Proprietorship Assets Equity Liability Proprietorship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity that does not have a fixed time span but continues indefinitely or forever? Annuity due Perpetuity Ordinary annuity Deferred annuity Annuity due Perpetuity Ordinary annuity Deferred annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Producer Buyer or consumer Seller Manufacturer Producer Buyer or consumer Seller Manufacturer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,010,000.00 $ 5,050,000.00 $ 5,025,000.00 $ 5,000,000.00 $ 5,010,000.00 $ 5,050,000.00 $ 5,025,000.00 $ 5,000,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: None of these S (1 + i)n S (1 + i)1/n S/(1 + i)n None of these S (1 + i)n S (1 + i)1/n S/(1 + i)n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Compound interest Effective rate of interest Nominal rate of interest Simple interest Compound interest Effective rate of interest Nominal rate of interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
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