Engineering Economics
What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country?

Going value
Company value
Goodwill value
Franchise value

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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 50% of 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

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Engineering Economics
Current ratio is:

(Current assets + loans advances)/Current liabilities
None of these
Current assets/Current liabilities
(Current assets + loans)/Current liabilities

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