Pick out the wrong statement?

Plant-Economics 22/12/2023

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 turnover ratio = sales/net working capital
D. Total cost of production is more than net sales realisation (NSR) at breakeven point

Related Mcqs:

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    In financial accounting of a chemical plant, which of the following relationship is invalid ?
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