Calculate P/V ratio for given variable cost ratio

Q.  P/V ratio can be calculated on the basis of variable cost ratio as
- Published on 08 Sep 15

a. 1 - Variable Cost Ratio
b. 1 + Variable Cost Ratio
c. 1 / Variable Cost Ratio
d. None of the above

ANSWER: 1 - Variable Cost Ratio

Post your comment / Share knowledge


Enter the code shown above:
 
(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)