Plant-Economics Mcqs for Chemical

Q.  Pick out the wrong statement?

a. Gross margin = net income – net expenditure
b. Net sales realisation (NSR) = Gross sales – selling expenses
c. At breakeven point, NSR is more than the total production cost
d. Net profit = Gross margin – depreciation – interest


ANSWER: See Answer
 
No explanation is available for this question!
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