Pick out the wrong statement? Options: A . &nbspNet worth means paid up share capital and reserve & surplus (i.e. shareholders equity) B . &nbspReturn on equity = profit after tax/net worth C . &nbspWorking capital turnover ratio = sales/net working capital D . &nbspTotal cost of production is more than net sales realisation (NSR) at breakeven point

Pick out the wrong statement?

Question

Pick out the wrong statement?

Options:

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

Answer: Option D
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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