Chemical Engineering Plant Economics
In declining balance method of depreciation calculation, the

Annual depreciation is the fixed percentage of the property value at the beginning of the particular year
None of these
Annual cost of depreciation is same every year
Value of the asset decreases linearly with time

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

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

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