Chemical Engineering Plant Economics Pick out the correct statement. Difference between income and expense is termed as gross revenue Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment 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 Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment 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 '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 1 - (P/S)1/m M/n x (P - S) 2(n - m + 1)/n(n + 1) x (P - S) (P - S)/n 1 - (P/S)1/m M/n x (P - S) 2(n - m + 1)/n(n + 1) x (P - S) (P - S)/n ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the Depreciation by sinking fund method Cash ratio Manufacturing cost Discrete compound interest Depreciation by sinking fund method Cash ratio Manufacturing cost Discrete compound interest ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics The value of a property decreases __________ with time in straight line method of determining depreciation. Exponentially Linearly Non-linearily Logarithmically Exponentially Linearly Non-linearily Logarithmically ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics A balance sheet for an industrial concern shows Only current assets Only current and fixed assets The financial condition at any given time Only fixed assets Only current assets Only current and fixed assets The financial condition at any given time Only fixed assets ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Which of the following elements is not included in the scope of market analysis? Opportunities Economics Competition from other manufactures Product distribution Opportunities Economics Competition from other manufactures Product distribution ANSWER DOWNLOAD EXAMIANS APP
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