What ratio indicates the percentage of each sales dollar


What ratio indicates the percentage of each sales dollar that is available to cover fixed costs and to provide a profit?

a) Margin of safety ratio

b) Contribution margin ratio

c) Costs and expenses ratio

d) Profit ratio

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What ratio indicates the percentage of each sales dollar
Reference No:- TGS080206

Expected delivery within 24 Hours