Discussion :: Chemical Engineering Plant Economics
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Pick out the wrong statement.
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A.
Gross margin = net income - net expenditure
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B.
Net sales realisation (NSR) = Gross sales - selling expenses
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C.
At break even point, NSR is more than the total production cost
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D.
Net profit = Gross margin - depreciation - interest
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Answer : Option C
Explanation :
No answer description available for this question.
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