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Ram Sharma • 193.86K Points
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Q. Pick out the wrong statement.

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