Relevant Competitive Tests:
Pick out the wrong statement ?
A. Debt-equity ratio of a chemical company describes the lenders contribution for each rupee of
B. Return on investment (ROI) is the ratio of profit before interest & tax and capital employed
C. Working capital = current assets + current liabilityCorrect Answer
D. Turn over = opening stock + production closing stock
Correct Option: C. Working capital = current assets + current liability
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