Engineering Economics
Which is true about partnership?

It can be handed down from one generation of partners to another.
Its capitalization must be equal for each partner.
It has a perpetual life.
It will be dissolved if one of the partners ceases to be connected with the partnership.

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Engineering Economics
The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now?

12 months
10 months
13 months
11 months

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Engineering Economics
Perfect monopoly exists only if:

the single vendor is the only one who has the knowledge of the product
the single vendor gets the absolute franchise of the product
the single vendor is the only one who has the permit to sell
the single vendor can prevent the entry of all other vendors in the market

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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 the net taxable income
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

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