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Engineering Economics

Engineering Economics
All the proceeds which are received by the business as a result of the sale of goods is called ______.

Gross income
Net income
Net revenue
Total sales

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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
Securities
Bond
Bank notes

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Engineering Economics
Duopoly is a market situation where there is/are:

Few sellers and many buyers
Many sellers and few buyers
Few sellers and few buyers
One seller and few buyers

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Engineering Economics
Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%.

P 9,228.45
P 9,250.00
P 9,308.45
P 9,358.41

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Engineering Economics
A bond without any security behind them except a promise to pay by the issuing corporation is called ______.

Common bond
Trust bond
Joint bond
Debenture bond

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Engineering Economics
What market situation exists where there are few sellers and few buyers?

Oligopsony
Bilateral Oligopsony
Oligopoly
Bilateral oligopoly

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