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?

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

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

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

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