Chemical Engineering Plant Economics

Pick out the wrong statement.

  • A. Net worth means paid up share capital and reserve & surplus (i.e. shareholders equity)
  • B. Return on equity = profit after tax/net worth
  • C. Working capital turn over ratio = sales/net working capital
  • D. Total cost of production is more than net sales realisation (NSR) at break even point
Answer: Option D.
Explanation: 

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