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Engineering Economics

Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Rate of interest
Interest
Principal
Simple interest

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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?

Stock
Bond
Promissory note
T-bills

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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?

Deflation
Depletion
Inflation
Depreciation

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

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Engineering Economics
Pick up the element of the cost from the following:

Over head
All of these
Direct labour
Direct material

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Engineering Economics
Oligopoly exists when there is/are:

Few sellers and few buyers
One seller and few buyers
Few sellers and many buyers
Many sellers and few buyers

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