Engineering Economics What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.? Equipment bond Equipment obligation bond Railroad bond Equipment trust bond Equipment bond Equipment obligation bond Railroad bond Equipment trust bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Economic life In-place value Annuity Sunk cost Economic life In-place value Annuity Sunk cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of demand Law of supply and demand Law of supply Law of diminishing return Law of demand Law of supply and demand Law of supply Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is: a + (n - 1) b a × (n - 1) b a + (n + 1) b a - (n - 1) b a + (n - 1) b a × (n - 1) b a + (n + 1) b a - (n - 1) b ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Solvency ratio None of these Acid test ratio Turnover ratio Solvency ratio None of these Acid test ratio Turnover ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. First cost In-place value Material cost Fixed cost First cost In-place value Material cost Fixed cost ANSWER DOWNLOAD EXAMIANS APP
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