Chemical Engineering Plant Economics
Depreciation

Costs (on annual basis) are constant when the straight line method is used for its determination
All of these
Does figure in the calculation of income tax liability on cash flows from an investment
Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time

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Chemical Engineering Plant Economics
Payback period

And economic life of a project are the same
Is the length of time over which the earnings on a project equals the investment
Is affected by the variation in earnings after the recovery of the investment
All of these

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