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

None of these
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
Annual cost of depreciation is same every 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

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

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Chemical Engineering Plant Economics
In a manufacturing industry, break even point occurs, when the

Total annual rate of production equals the assigned value
Annual profit equals the expected value
Annual sales equals the fixed cost
Total annual product cost equals the total annual sales

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