Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Corporation Entrepreneurship Partnership Sole proprietorship Corporation Entrepreneurship Partnership Sole proprietorship 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. $ 5,025,000.00 $ 5,000,000.00 $ 5,050,000.00 $ 5,010,000.00 $ 5,025,000.00 $ 5,000,000.00 $ 5,050,000.00 $ 5,010,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Producer products Necessity Luxury Consumer products Producer products Necessity Luxury Consumer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Annuities involve: All payments of equal amount Payment at equal time intervals All of these A series of payments All payments of equal amount Payment at equal time intervals All of these A series of payments ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the increase in the money value of a capital asset is called? Capital stock Profit Capital gain Capital expenditure Capital stock Profit Capital gain Capital expenditure ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund? T-bills Bank notes Securities Bond T-bills Bank notes Securities Bond ANSWER DOWNLOAD EXAMIANS APP