Chemical Engineering Plant Economics
In a manufacturing industry, break even point occurs, when the

Total annual product cost equals the total annual sales
Total annual rate of production equals the assigned value
Annual sales equals the fixed cost
Annual profit equals the expected value

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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
Discrete compound interest
Manufacturing cost
Cash ratio

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