The ______________ of a chemical company can be obtained directly from the balance sheet as the difference between current assets and current liabilities ?

Related Mcqs:

1. 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 × (index value at present/ index value at time original cost was obtained). The most major component of this cost index is____________________?

   A. Fabricated equipment and machinery
   B. Process instruments and control
   C. Pumps and compressor
   D. Electrical equipments and material

2. A balance sheet for an industrial concern shows ___________________?

   A. The financial condition at any given time
   B. Only current assets
   C. Only fixed assets
   D. Only current and fixed assets

3. Which of the following is not a current asset of a chemical company ?

   A. Inventories
   B. Marketable securities
   C. Chemical equipments
   D. None of these

4. ‘Utilities’ in a chemical process plant includes compressed air, steam, water, electrical power, oxygen, acetylene, fuel gases etc. Utility costs for ordinary chemical process plants ranges roughly from _______________ percent of the total product cost?

   A. 1 to 5
   B. 10 to 20
   C. 25 to 35
   D. 35 to 45

5. The economic life of a large chemical process plant as compared to a small chemical plant is_______________?

   A. Only slightly more
   B. Much more
   C. Slightly less
   D. Almost equal

6. Manufacturing cost in a chemical company does not include the____________________?

   A. Fixed charges
   B. Plant overheads
   C. Direct products cost
   D. Administrative expenses

7. Relative cost of chemical process plants in India is about ______________ percent more than the similar plants in U.S.A ?

   A. 15
   B. 35
   C. 55
   D. 75

8. Total product cost of a chemical plant does not include the ______________ cost?

   A. Market survey
   B. Operating labour, supervision and supplies
   C. Overhead and utilities
   D. Depreciation, property tax and insurance

9. Most chemical plants use an initial working capital amounting to 10-20% of the total capital investment. But this percentage may increase to ______________ percent in case of seasonal products manufacturing plant?

   A. 30
   B. 50
   C. 75
   D. 95

10. Which of the following methods of depreciation calculations results in book values greater than those obtained with straight line method ?

    A. Multiple straight line method
    B. Sinking fund method
    C. Declining balance method
    D. Sum of the years digit method