Chemical Engineering Plant Economics
Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it?

Cost for piping
Electrical installation cost
Equipment insulation cost
Equipment installation cost

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Chemical Engineering Plant Economics
In declining balance method of depreciation calculation, the

Value of the asset decreases linearly with time
Annual depreciation is the fixed percentage of the property value at the beginning of the particular year
None of these
Annual cost of depreciation is same every year

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