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Chemical Engineering - Chemical Engineering Plant Economics - Discussion

Discussion Forum : Chemical Engineering Plant Economics - Section 2 (Q.No. 29)
Chemical Engineering Plant Economics
29.
Pick out the wrong statement.
Gross margin = net income - net expenditure
Net sales realisation (NSR) = Gross sales - selling expenses
At break even point, NSR is more than the total production cost
Net profit = Gross margin - depreciation - interest
Answer: Option
Explanation:
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