[Solved] Which of the following statements are true?

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Q.	Which of the following statements are true?
A.	P/V Ratio can never be used to measure break-even point
B.	Higher the P/V ratio less will be the profit and vice versa
C.	Concept of P/V ratio is also used to determine profit at a given volume of sales
D.	All of the above
Answer» C. Concept of P/V ratio is also used to determine profit at a given volume of sales

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