Pick out the wrong statement.   The annual depreciation rate for machinery and equipments in a chemical process plant is about 10% of the fixed capital investment.   Annual depreciation rate of buildings in a chemical plant is about 3% of its initial cost.   Insurance rates on annual basis in a chemical plant may be about 1% of the fixed capital investment.   In a chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR

Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
Section: Chapter Questions
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Pick out the wrong statement.
 
The annual depreciation rate for machinery and equipments in a chemical process plant is about 10% of the fixed capital investment.
 
Annual depreciation rate of buildings in a chemical plant is about 3% of its initial cost.
 
Insurance rates on annual basis in a chemical plant may be about 1% of the fixed capital investment.
 
In a chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR).
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