Question
____________ = (sales value – variable cost)/ Sales
valueSolution
The price volume ratio (contribution margin ratio) represents the percentage of sales revenue that contributes to covering fixed costs and generating profits after deducting variable costs. It indicates the proportion of each sales dollar that is available to contribute to the company's profitability. This ratio is a valuable measure for businesses to understand their cost structure and how changes in sales volume can impact their profits.
Which of the following is a central index server that offers de-duplication services and acts as a KYC repository?
Which of the following is NOT a duty of the insured in case of a loss?
Which of the below cannot be an intermediary?
Written words in a policy take precedence over:
The Motor Vehicles Act, 1988 requires what document as proof of insurance?
Who is the chairman of 15th Finance Comission?
A section of the risk-based capital formula calculating requirements for reserves and premiums is termed as?
Which of the following is not the name of an Insurance Scheme launched by the Government of India?
In which date the President of India gave his assent to the Insurance Regulatory and Development Authority Bill?
Specific questionnaires in insurance proposal forms are common for:
