Engineering Economics
What refers to the present worth of cost associated with an asset for an infinite period of time?

Annual cost
Increment cost
Capitalized cost
Operating cost

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Engineering Economics
Which is true about partnership?

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

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