Chemical Engineering Plant Economics A balance sheet for a chemical plant shows its financial condition at any given date. It does not contain the __________ of the plant. Current liability Profit Current asset Long term debt Current liability Profit Current asset Long term debt ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Which of the following does not come under the sales expenses for a product of a chemical plant? Advertising Warehousing Customer service Legal fees Advertising Warehousing Customer service Legal fees ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics The amount of compounded interest during 'n' interest periods is P(1 + in) P[(1+i)n-1)] P(1 - i)n P(1 + i)n P(1 + in) P[(1+i)n-1)] P(1 - i)n P(1 + i)n ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the Cash ratio Discrete compound interest Manufacturing cost Depreciation by sinking fund method Cash ratio Discrete compound interest Manufacturing cost Depreciation by sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics The economic life of a large chemical process plant as compared to a small chemical plant is Slightly less Much more Only slightly more Almost equal Slightly less Much more Only slightly more Almost equal ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Pick out the correct statement. Difference between income and expense is termed as gross revenue Scrap value is the net amount of money obtainable from the sale of used property over and above any charges involved in its removal & sale Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment Difference between income and expense is termed as gross revenue Scrap value is the net amount of money obtainable from the sale of used property over and above any charges involved in its removal & sale Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment ANSWER DOWNLOAD EXAMIANS APP