Engineering Economics
A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000.

30.12 %
29.17 %
28.33 %
30.78 %

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Engineering Economics
Which is true about corporation?

The minimum number of incorporators to start a corporation is three.
It is worse type of business organization.
Its life is dependent on the lives of the incorporators.
The stock holders of the corporation are only liable to the extent of their investments.

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