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 9,358.41
P 9,228.45
P 9,250.00
P 9,308.45

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Engineering Economics
The financial analysis:

Helps a bank to know the financial position of the firm for granting a loan to the firm
Helps to judge the success of the firm's financial plans
All of these
Helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment

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