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.

Answer: Option B

Explanation:

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