Q. P/V ratio can be calculated on the basis of variable cost ratio as (Solved)
1. 1 - Variable Cost Ratio
2. 1 + Variable Cost Ratio
3. 1/Variable Cost Ratio
4. None of the above
- a. 1 - Variable Cost Ratio
1. 1 - Variable Cost Ratio
2. 1 + Variable Cost Ratio
3. 1/Variable Cost Ratio
4. None of the above