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.

$ 5,000,000.00

$ 5,050,000.00

$ 5,010,000.00

$ 5,025,000.00

$ 5,000,000.00

$ 5,050,000.00

$ 5,010,000.00

$ 5,025,000.00

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Engineering Economics
What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?

Rate of return

Yield rate

Economic return

Rate of interest

Rate of return

Yield rate

Economic return

Rate of interest

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Engineering Economics
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.

Cooperative

Enterprise

Corporation

Partnership

Cooperative

Enterprise

Corporation

Partnership

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Engineering Economics
In a cash-flow diagram:

Time 1 is considered to be the end of time period 1

All of these

A vertical arrow pointing up indicates a positive cash flow

Time 0 is considered to be the present

Time 1 is considered to be the end of time period 1

All of these

A vertical arrow pointing up indicates a positive cash flow

Time 0 is considered to be the present

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Engineering Economics
A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?

P 2,500.57

P 2,544.45

P 2,504.57

P 2,540.56

P 2,500.57

P 2,544.45

P 2,504.57

P 2,540.56

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Engineering Economics
The declining balance method is also known as ______.

Double percentage method

Modified sinking fund method

Constant percentage method

Modified SYD method

Double percentage method

Modified sinking fund method

Constant percentage method

Modified SYD method

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Engineering Economics

Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?

Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.

Engineering Economics In a cash-flow diagram:

Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?

Engineering Economics The declining balance method is also known as ______.

Engineering Economics
What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?

Engineering Economics
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.

Engineering Economics
In a cash-flow diagram:

Engineering Economics
A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?

Engineering Economics
The declining balance method is also known as ______.