Pick out the wrong statement. Options: A . &nbspDebt-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 B . &nbspReturn on investment (ROI) is the ratio of profit before interest & tax and capital employed (i.e. net worth + total debt) C . &nbspWorking capital = current assets + current liability D . &nbspTurn over = opening stock + production closing stock

Pick out the wrong statement.

Question

Pick out the wrong statement.

Options:

A . 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

B . Return on investment (ROI) is the ratio of profit before interest & tax and capital employed (i.e. net worth + total debt)

C . Working capital = current assets + current liability

D . Turn over = opening stock + production closing stock

Answer: Option C

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