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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 ______.

Net revenue
Total sales
Gross income
Net income

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Engineering Economics
An association of two or more persons for the purpose of engaging into a business for profit is called ______.

Proprietorship
Partnership
Corporation
Entrepreneurship

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

Debenture bond
Trust bond
Joint bond
Common bond

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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 9,358.41
P 9,308.45

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Engineering Economics
A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period?

5690.12
5712.4
5873.2
5937.5

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Engineering Economics
What is another term for “perfect competition”?

Atomistic competition
Free-for-all competition
No-limit competition
Heterogeneous market

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