Chemical Engineering Plant Economics Pick out the correct statement. Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment Difference between income and expense is termed as gross revenue 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 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 Difference between income and expense is termed as gross revenue 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 Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Which of the following is not a current asset of a chemical company? Inventories Marketable securities None of these Chemical equipments Inventories Marketable securities None of these Chemical equipments ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Effective and nominal interest rates are equal, when the interest is compounded Annually half-yearly Fortnightly Monthly Annually half-yearly Fortnightly Monthly 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 2(n - m + 1)/n(n + 1) x (P - S) M/n x (P - S) (P - S)/n 1 - (P/S)1/m 2(n - m + 1)/n(n + 1) x (P - S) M/n x (P - S) (P - S)/n ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics If an amount R is paid at the end of every year for 'n' years, then the net present value of the annuity at an interest rate of i is R[((1 + i)n - 1)/i] R(1 + i)n [((1 + i)n - 1)/i(1 + i)n] R/(1 + i)n R[((1 + i)n - 1)/i] R(1 + i)n [((1 + i)n - 1)/i(1 + i)n] R/(1 + i)n ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost x (index value/(index value at original cost was obtained)The most major component of this cost index is Fabricated equipment and machinery Process instruments and control Electrical equipments and material Pumps and compressor Fabricated equipment and machinery Process instruments and control Electrical equipments and material Pumps and compressor ANSWER DOWNLOAD EXAMIANS APP
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