Chemical Engineering Plant Economics
Depreciation

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

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Chemical Engineering Plant Economics
Pick out the correct statement.

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

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