Chemical Engineering Plant Economics (MCQs)

Pick out the wrong statement.

  • A. Gross margin = net income – net expenditure
  • B. Net sales realisation (NSR) = Gross sales – selling expenses
  • C. At break even point, NSR is more than the total production cost
  • D. Net profit = Gross margin – depreciation – interest
Answer: Option C.
Explanation: 
No answer description available for this question

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