Discussion :: Chemical Engineering Plant Economics
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Pick out the wrong statement.
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A.
Debt-equity ratio of a chemical company describes the lenders contribution for each rupee of owner's contribution i.e., debt-equity ratio = total debt/net worth.
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B.
Return on investment (ROI) is the ratio of profit before interest & tax and capital employed (i.e. net worth + total debt).
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C.
Working capital = current assets + current liability.
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D.
Turn over = opening stock + production closing stock.
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Answer : Option C
Explanation :
No answer description available for this question.
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