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Chemical Engineering - Chemical Engineering Plant Economics - Discussion

Discussion Forum : Chemical Engineering Plant Economics - Section 1 (Q.No. 36)
Chemical Engineering Plant Economics
36.
Pick out the wrong statement.
Debt-equity ratio of a chemical company describes the lenders contribution for each rupee of owner's contribution i.e., debt-equity ratio = total debt/net worth.
Return on investment (ROI) is the ratio of profit before interest & tax and capital employed (i.e. net worth + total debt).
Working capital = current assets + current liability.
Turn over = opening stock + production closing stock.
Answer: Option
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