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Q51 A/ Estimate by the turnover ratio method the fixed capital investment for plant which producing formaldehde with a capacity of 1000 kg per day.

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Q51 A/ Estimate by the turnover ratio method the fixed capital investment for plant which producing formaldehde with a capacity of 1000 kg per day. The plant may be considered as operating full time. If the fixed capital investment for a similar plant produced formaldehde with capacity of 1.25*108 kg per year is 1$ million. The selling price in dollars per kg of product is 0.035$. (20 Marks)

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