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Engineering Economics

Engineering Economics
What is the ordinary interest on P1,500.50 for 182 days at 5.2%?

P39.45
P39.99
P39.82
P39.01

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Engineering Economics
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.

P18,000
P19,100
P18,900
P19,000

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Engineering Economics
If there is only one seller and many buyers, the market situation is ________ .

Oligopsony
Oligopoly
Duopsony
Monopoly

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Engineering Economics
What is the reduction in the money value of capital asset is called?

Capital expenditure
Loss
Capital loss
Deficit

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Engineering Economics
Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%.

P 9,228.45
P 9,250.00
P 9,358.41
P 9,308.45

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Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

0.0415
0.04
0.0425
0.0367

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