Chemical Engineering Plant Economics
The payback method for the measurement of return on investment

Gives a correct picture of profitability
Underemphasises liquidity
Does not measure the discounted rate of return
Takes into account the cash inflows after the recovery of investments

ANSWER DOWNLOAD EXAMIANS APP

Chemical Engineering Plant Economics
Depreciation

Costs (on annual basis) are constant when the straight line method is used for its determination
Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time
Does figure in the calculation of income tax liability on cash flows from an investment
All of these

ANSWER DOWNLOAD EXAMIANS APP