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.

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.

$ 5,025,000.00

$ 5,000,000.00

$ 5,010,000.00

$ 5,050,000.00

$ 5,025,000.00

$ 5,000,000.00

$ 5,010,000.00

$ 5,050,000.00

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Engineering Economics
The interest calculated on the basis of 365 days a year, is known as:

None of these

Ordinary simple interest

Interest

Exact simple interest

None of these

Ordinary simple interest

Interest

Exact simple interest

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Engineering Economics
If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:

Present work Annuity is availed

Sinking Fund Annuity is availed

Capital Recovery Annuity fs availed

Present work Annuity is availed

Sinking Fund Annuity is availed

Capital Recovery Annuity fs availed

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Engineering Economics
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?

P 7,731.29

P 7,420.89

P 7,590.12

P 7,654.04

P 7,731.29

P 7,420.89

P 7,590.12

P 7,654.04

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Engineering Economics
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?

Hoard stock

Buffer stock

Stock pile

Withheld stock

Hoard stock

Buffer stock

Stock pile

Withheld stock

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Engineering Economics
Which is true about partnership?

It has a perpetual life.

Its capitalization must be equal for each partner.

It will be dissolved if one of the partners ceases to be connected with the partnership.

It can be handed down from one generation of partners to another.

It has a perpetual life.

Its capitalization must be equal for each partner.

It will be dissolved if one of the partners ceases to be connected with the partnership.

It can be handed down from one generation of partners to another.

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Engineering Economics

Engineering Economics The interest calculated on the basis of 365 days a year, is known as:

Engineering Economics If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:

Engineering Economics What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?

Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?

Engineering Economics Which is true about partnership?

Engineering Economics
The interest calculated on the basis of 365 days a year, is known as:

Engineering Economics
If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:

Engineering Economics
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?

Engineering Economics
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?

Engineering Economics
Which is true about partnership?