Question

What is profit-volume ratio?

08 Sep 2023
Answer :
Word Count : 265

The profit-volume ratio, also known as the contribution margin ratio or the profit margin ratio, is a financial metric used in business to assess the relationship between a company's profit and its sales or revenue. It is expressed as a percentage and is used to analyze how changes in sales volume affect a _______ ____ ___ ___ ____ ______ ________ _________ __________.
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