Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Physical depreciation Functional depreciation Design depreciation Demand depreciation Physical depreciation Functional depreciation Design depreciation Demand depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of a product made available for sale? Supply Demand Product Good Supply Demand Product Good ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is true about partnership? Its capitalization must be equal for each partner. It will be dissolved if one of the partners ceases to be connected with the partnership. It has a perpetual life. It can be handed down from one generation of partners to another. Its capitalization must be equal for each partner. It will be dissolved if one of the partners ceases to be connected with the partnership. It has a perpetual life. It can be handed down from one generation of partners to another. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. Corporation Investors Partnership Stockholders Corporation Investors Partnership Stockholders ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Sinking fund method Percentage method Factor method Initial cost method Sinking fund method Percentage method Factor method Initial cost method 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. $ 5,050,000.00 $ 5,025,000.00 $ 5,010,000.00 $ 5,000,000.00 $ 5,050,000.00 $ 5,025,000.00 $ 5,010,000.00 $ 5,000,000.00 ANSWER DOWNLOAD EXAMIANS APP
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