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Find the standard divisor for the given situation. Round your answer to two decimals.
-A university has 22 scholarships to be apportioned among the engineering students based on the Enrollment in each department. There are three departments - Mechanical Engineering (M) , Electrical Engineering (E) , and Civil Engineering (C) . The number of students in each department
Is given in the following table.
Find the standard quota for the Mechanical Engineering Department.
Machinery
Tangible assets used in operations, such as production or manufacturing equipment, that have a useful life beyond one year.
Amortize
The process of spreading out a loan or an intangible asset cost over a specific period of time for accounting and tax purposes.
Accumulated Depreciation
The total depreciation that has been applied to a fixed asset since it was acquired, representing the loss of value over time.
Balance Sheet
A financial record showing the balance of assets, liabilities, and equity of shareholders of an enterprise on a specific date.
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