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Management Accounting Test Questions
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>> Profit on sales is measured as
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Q. Profit on sales is measured as
a.
Sales * P/V Ratio – Fixed cost
b.
Sales * P/V Ratio + Fixed cost
c.
Sales + P/V Ratio + Fixed cost
d.
None of the above
ANSWER: Sales * P/V Ratio – Fixed cost
Answer & Explanation
No explanation is available for this question!
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