Chemical Engineering Plant Economics
The __________ of a chemical company can be obtained directly from the balance sheet as the difference between current assets and current liabilities.

Net working capital
Liquids assets
Current ratio
Cash ratio

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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

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

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