Chemical Engineering Plant Economics
Depreciation

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

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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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