Engineering Economics Which is true about partnership? It will be dissolved if one of the partners ceases to be connected with the partnership. Its capitalization must be equal for each partner. It can be handed down from one generation of partners to another. It has a perpetual life. It will be dissolved if one of the partners ceases to be connected with the partnership. Its capitalization must be equal for each partner. It can be handed down from one generation of partners to another. It has a perpetual life. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the common methods of computing depletion charge? Conservative method and conventional method Discrete method and depletion allowance method Unit method and percentage method Rational method and irrational method Conservative method and conventional method Discrete method and depletion allowance method Unit method and percentage method Rational method and irrational method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Necessity Consumer products Luxury Producer products Necessity Consumer products Luxury Producer products 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 supply and demand Law of supply Law of demand Law of diminishing return Law of supply and demand Law of supply Law of demand Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,345.98 P1,549.64 P1,459.64 P1,945.64 P1,345.98 P1,549.64 P1,459.64 P1,945.64 ANSWER DOWNLOAD EXAMIANS APP
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