The data of a Limited company Year 2022 Year 2023 Sales (lakhs) 300 400 Cost (lakhs) 240 300 The P/V Ratio is :

CS Executive · Corporate and Management Accounting · PYQS · June 2024
The data of a Limited company Year 2022 Year 2023 Sales (lakhs) 300 400 Cost (lakhs) 240 300 The P/V Ratio is :
(A) 20%
(B) 25%
(C) 33.3%
(D) 40%

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Management Accounting

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