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Engineering Economics

Engineering Economics
The price at which the callable bond will be redeemed from the bondholder is called ______.

Par value
Face value
Call value
Redemption value

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Engineering Economics
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion.

$ 5,050,000.00
$ 5,000,000.00
$ 5,025,000.00
$ 5,010,000.00

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Engineering Economics
A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment?

0.03
0.037
0.04
0.034

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Engineering Economics
What is the simplest form of business organization?

Corporation
Partnership
Enterprise
Sole proprietorship

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Engineering Economics
The original record of a business transaction is recorded in this book.

Account book
Work book
Ledger
Journal

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Engineering Economics
The project contractor relies on the cost of the estimate:

For a unit price contract
All of these
For submission of a competitive bid for a lump-sum contract
For preparation of a definitive estimate to help negotiate contract

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