Describe the impact of foreign trade on the economic development in india.
The effect of a price reduction is always to reduce the p/v ratio and raise the bep. Explain
Distinguish break even point from margin safety
Break Even point is Total Fixed Expenses/CM Ratio or Unit. In another hand Margin of Safety is Actual Sales - Break Even point. So you need to figure out the break even point first in order to e...
BEP means sales level at which total cost of the product are equal. MOS means what business sales above the BEP level sales.
BEP means Break Even Point at which there is no profit & loss.