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P/V ratio can be calculated on the basis of variable cost ratio as

A. 1 - Variable Cost Ratio

B. 1 + Variable Cost Ratio

C. 1 / Variable Cost Ratio

D. None of the above

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above