Pick out the wrong statement? Options: A . &nbspGross margin = net income – net expenditure B . &nbspNet sales realisation (NSR) = Gross sales – selling expenses C . &nbspAt breakeven point, NSR is more than the total production cost D . &nbspNet profit = Gross margin – depreciation – interest

Pick out the wrong statement?

Question

Pick out the wrong statement?

Options:

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: Option C
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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