Chemical Engineering Plant Economics
Payback period

And economic life of a project are the same
All of these
Is affected by the variation in earnings after the recovery of the investment
Is the length of time over which the earnings on a project equals the investment

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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

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