Engineering Economics
A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000.

28.33 %
30.78 %
29.17 %
30.12 %

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Engineering Economics
Which is true about corporation?

The stock holders of the corporation are only liable to the extent of their investments.
The minimum number of incorporators to start a corporation is three.
Its life is dependent on the lives of the incorporators.
It is worse type of business organization.

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