Chemical Engineering Plant Economics
In financial accounting of a chemical plant, which of the following relationship is invalid?

Assets = capital
Total income = costs + profits
Assets = liabilities + net worth
Assets = equities

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Chemical Engineering Plant Economics
Depreciation

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
All of these
Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time

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