Engineering Economics
Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller.

50% of the fixed percentage of gross income or 50% of the net taxable income
Fixed percentage of gross income or 50% of the net taxable income
50% of the fixed percentage of gross income or the net taxable income
Fixed percentage of gross income or the net taxable income

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Engineering Economics
Which one of the following questions is relevant to the construction estimates?

All of these
Did the estimators use short cut methods which may be unrealistic in their situation
How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost
Did the estimators precisely evaluate site conditions

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