Discussion :: Chemical Engineering Plant Economics
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Pick out the wrong statement.
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A.
Net worth means paid up share capital and reserve & surplus (i.e. shareholders equity).
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B.
Return on equity = profit after tax/net worth.
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C.
Working capital turn over ratio = sales/net working capital.
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D.
Total cost of production is more than net sales realisation (NSR) at break even point.
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Answer : Option D
Explanation :
No answer description available for this question.
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