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

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

ANSWER DOWNLOAD EXAMIANS APP

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

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
All of these

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate?

16.47 %
16.02 %
16.32 %
16.28 %

ANSWER DOWNLOAD EXAMIANS APP
MORE MCQ ON Engineering Economics