Chemical Engineering Plant Economics Generally, income taxes are based on the Total product cost Total income Gross earning Fixed cost Total product cost Total income Gross earning Fixed cost ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Annual depreciation costs are constant, when the __________ method of depreciation calculation is used. Sum of the years digit Straight line Declining balance None of these Sum of the years digit Straight line Declining balance None of these ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Pick out the correct statement. Difference between income and expense is termed as gross revenue Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat 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 Difference between income and expense is termed as gross revenue Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat 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 ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Out of the following, the depreciation calculated by the __________ method is the maximum. Diminishing balance Straight line Sinking fund Sum of the years digit Diminishing balance Straight line Sinking fund Sum of the years digit ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics 'P' is the investment made on an equipment, 'S' is its salvage value and 'n is the life of the equipment in years. The depreciation for rath year by the sum-of years digit method will be (P - S)/n M/n x (P - S) 1 - (P/S)1/m 2(n - m + 1)/n(n + 1) x (P - S) (P - S)/n M/n x (P - S) 1 - (P/S)1/m 2(n - m + 1)/n(n + 1) x (P - S) ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Which of the following is not a component of depreciation cost? Loss due to accident/breakdown in the machinery Loss due to obsolescence of the equipment Repairs and maintenance cost Loss due to decrease in the demand of product Loss due to accident/breakdown in the machinery Loss due to obsolescence of the equipment Repairs and maintenance cost Loss due to decrease in the demand of product ANSWER DOWNLOAD EXAMIANS APP