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.

5050000
5000000
5010000
5025000

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Engineering Economics
Which is true about corporation?

The stock holders of the corporation are only liable to the extent of their investments.
It is worse type of business organization.
Its life is dependent on the lives of the incorporators.
The minimum number of incorporators to start a corporation is three.

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Engineering Economics
Which one of the following definitions is correct?

The ratio of total debt to share holder's equity is called 'debt ratio'
The ratio of earnings before interest and taxes for a particular reporting period to the amount of interest charges for the period is called interest coverage ratio
All of these
The ratio debt-to-total assets is called Debt-to-total assets ratio

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