Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Cash or check Foreign exchange Monetary unit Currency Cash or check Foreign exchange Monetary unit Currency ANSWER DOWNLOAD EXAMIANS APP
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. $ 5,050,000.00 $ 5,000,000.00 $ 5,010,000.00 $ 5,025,000.00 $ 5,050,000.00 $ 5,000,000.00 $ 5,010,000.00 $ 5,025,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depletion Inflation Depreciation Deflation Depletion Inflation Depreciation Deflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 9 years 8 years 7 eyars 10 years 9 years 8 years 7 eyars 10 years ANSWER DOWNLOAD EXAMIANS APP
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 0.3078 0.2917 0.2833 0.3012 0.3078 0.2917 0.2833 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation? Promissory note Bond Stock T-bills Promissory note Bond Stock T-bills ANSWER DOWNLOAD EXAMIANS APP