Discussion Forum : Chemical Engineering Plant Economics
Question - Pick out the wrong statement.
Options:
A .  Gross revenue is that total amount of capital received as a result of the sale of goods or service
B .  Net revenue is the total profit remaining after deducting all costs excluding taxes
C .  The ratio of immediately available cash to the total current liabilities is known as the cash ratio
D .  Consolidated income statement based on a given time period indicates surplus capital and shows the relationship among total income, costs & profit over the time interval
Answer: Option B

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