Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Consumer products Producer products Necessity Luxury Consumer products Producer products Necessity Luxury ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Annuity In-place value Sunk cost Economic life Annuity In-place value Sunk cost Economic life ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the term for an annuity with a fixed time span? Annuity due Annuity certain Ordinary annuity Perpetuity Annuity due Annuity certain Ordinary annuity Perpetuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Sinking fund method Sum-of-year digit method Straight line method Declining balance method Sinking fund method Sum-of-year digit method Straight line method Declining balance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct statement regarding financial statement analysis from the following. Final analysis always involves the use of various financial statements i.e., balance sheet and income statement All listed here The income statement is the summary of revenues and expenses of a firm over a particular period of time 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 All listed here The income statement is the summary of revenues and expenses of a firm over a particular period of time The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Present worth factor Interest rate Yield Time value of money Present worth factor Interest rate Yield Time value of money ANSWER DOWNLOAD EXAMIANS APP
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