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%.

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 9,358.41

P 9,250.00

P 9,228.45

P 9,308.45

P 9,358.41

P 9,250.00

P 9,228.45

P 9,308.45

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Engineering Economics
The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______.

Earning value

Gain

Yield

Economic return

Earning value

Gain

Yield

Economic return

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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.

0.3012

0.2917

0.2833

0.3078

0.3012

0.2917

0.2833

0.3078

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Engineering Economics
Present worth Annuity (PWA) is generally known as

Future annuities

Premium annuities

All of these

Income annuities

Future annuities

Premium annuities

All of these

Income annuities

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Engineering Economics
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

Fair value

Market value

Book value

Franchise value

Fair value

Market value

Book value

Franchise value

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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 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

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

Fixed percentage of gross income or 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

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Engineering Economics

Engineering Economics The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______.

Engineering Economics Present worth Annuity (PWA) is generally known as

Engineering Economics What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

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

Engineering Economics
The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______.

Engineering Economics
Present worth Annuity (PWA) is generally known as

Engineering Economics
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

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