It is the relationship between sales and contribution. This ratio helps to ascertain the profitability of the firm. The formula of
P/V ratio= Contribution/sales.
P/V ratio= Sales-Variable Cost/Sales
P/V ratio= Fixed Cost+ Profit/ Sales.
P/V ratio= Contribution/sales.
P/V ratio= Sales-Variable Cost/Sales
P/V ratio= Fixed Cost+ Profit/ Sales.