Engineering Economics
What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.?

Equipment bond
Equipment obligation bond
Railroad bond
Equipment trust bond

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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 50% of 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 the net taxable income

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