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.

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.

$ 5,010,000.00

$ 5,000,000.00

$ 5,025,000.00

$ 5,050,000.00

$ 5,010,000.00

$ 5,000,000.00

$ 5,025,000.00

$ 5,050,000.00

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Engineering Economics
What is the type of annuity where the payments are made at the end of each period starting from the first period?

Perpetuity

Ordinary annuity

Deferred annuity

Annuity due

Perpetuity

Ordinary annuity

Deferred annuity

Annuity due

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Engineering Economics
The construction manager uses the estimate of the project

To tell the owner of the project to take his/her financial decision

To develop bids on the project

To control the project during its construction

All of these

To tell the owner of the project to take his/her financial decision

To develop bids on the project

To control the project during its construction

All of these

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Engineering Economics
Each financial ratio is generally compared by

A ratio of some selected firms most progressive and successful at the point of consideration

All of these

A past ratio calculated from the past financial standard of the firm

A ratio developed by using the projected financial statement of the firm

A ratio of some selected firms most progressive and successful at the point of consideration

All of these

A past ratio calculated from the past financial standard of the firm

A ratio developed by using the projected financial statement of the firm

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Engineering Economics
In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?

Declining balance method

Sinking fund method

Straight line method

Sum-of-year digit method

Declining balance method

Sinking fund method

Straight line method

Sum-of-year digit method

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Engineering Economics
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?

24.7 %

25.8 %

23.5 %

25.0 %

24.7 %

25.8 %

23.5 %

25.0 %

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Engineering Economics

Engineering Economics What is the type of annuity where the payments are made at the end of each period starting from the first period?

Engineering Economics The construction manager uses the estimate of the project

Engineering Economics Each financial ratio is generally compared by

Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?

Engineering Economics
What is the type of annuity where the payments are made at the end of each period starting from the first period?

Engineering Economics
The construction manager uses the estimate of the project

Engineering Economics
Each financial ratio is generally compared by

Engineering Economics
In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?