Chemical Engineering Plant Economics (MCQs)

The depreciation during the year ‘n’, in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage ‘N’ to the

  • A. Initial cost
  • B. Book value at the end of (n – 1)th year
  • C. Depreciation during the (n – 1)th year
  • D. Difference between initial cost and salvage value
Answer: Option B.
Explanation: 
No answer description available for this question

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