Answered: Profit volume ratio is used for the…

Profit volume ratio is used for the calculation of: Select one: O a. Profit at given sales O b. Breakeven point O c. Profit when margin of safety is given O d. For all options provided

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Profit volume ratio is used for the calculation of:
Select one:
O a. Profit at given sales
O b. Breakeven point
O c. Profit when margin of safety is given
O d. For all options provided

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