Chemical Engineering Plant Economics
In an ordinary chemical plant, electrical installation cost may be about

Neither A nor B
Either A or B
3-10% of fixed capital investment
10-15% of purchased equipment cost

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

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

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Chemical Engineering Plant Economics
The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the

Book value at the end of (n - 1)th year
Difference between initial cost and salvage value
Initial cost
Depreciation during the (n - 1)th year

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