Chemical Engineering Plant Economics
Which of the following is not a component of working capital?

Semi-finished products in the process
Finished products in stock
Transportation facilities
Raw materials is stock

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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

Discrete compound interest
Cash ratio
Manufacturing cost
Depreciation by sinking fund method

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