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 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 Difference between income and expense is termed as gross revenue 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 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 Difference between income and expense is termed as gross revenue 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 Annual depreciation cost are not constant when, the __________ method of depreciation calculation is used. Declining balance Straight line Sinking fund Present worth Declining balance Straight line Sinking fund Present worth ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Payback period Is affected by the variation in earnings after the recovery of the investment All of these Is the length of time over which the earnings on a project equals the investment And economic life of a project are the same Is affected by the variation in earnings after the recovery of the investment All of these Is the length of time over which the earnings on a project equals the investment And economic life of a project are the same 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 Pumps and compressor Process instruments and control Electrical equipments and material Fabricated equipment and machinery Pumps and compressor Process instruments and control Electrical equipments and material ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Which of the following is not a component of the working capital for a chemical process plant? Minimum cash reserve Product inventory In-process inventory Storage facilities Minimum cash reserve Product inventory In-process inventory Storage facilities ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics The economic life of a large chemical process plant as compared to a small chemical plant is Only slightly more Almost equal Slightly less Much more Only slightly more Almost equal Slightly less Much more ANSWER DOWNLOAD EXAMIANS APP