Pick out the wrong statement ?

Pick out the wrong statement ?

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

Depreciation________________?

Depreciation________________?

A. Costs (on annual basis) are constant when the straight line method is used for its
determination
B. Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time
C. Does figure in the calculation of income tax liability on cash flows from an investment
D. All A, B. and C.

Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it ?

Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it ?

A. Electrical installation cost
B. Equipment installation cost
C. Cost for pig
D. Equipment insulation cost