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Engineering Economics

Engineering Economics
What refers to the goods and services that are required to support human life, needs and activities?

Consumer products
Luxury
Necessity
Producer products

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Engineering Economics
What refers to the present worth of the probable future net earnings?

Earning value
Going concern value
Total market value
Total fair value

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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 9,308.45
P 9,250.00
P 9,358.41

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Engineering Economics
What is the simplest form of business organization?

Sole proprietorship
Partnership
Corporation
Enterprise

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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
Cash money and credit necessary to establish and operate an enterprise are generally called ______.

Liabilities
Capital
Funds
Assets

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