(iv) State the formula for calculating PV Ratio.
Answers
Answered by
9
Answer:
pv=constribution *100/sales ....
Answered by
3
Formula to calculate PV ratio
Explanation:
PV ratio is also called the marginal ratio,it is used to measure the relationship between contribution and net sales, where the contribution is the difference between net sales and variable cost.
PV ratio can be measured by the following formula :
PV ratio = (Contribution / Net sales) × 100
Where, Contribution = Net sales - variable cost
Learn more:
https://brainly.in/question/12790239
#learnwithbrainly
Similar questions