With the following information, answer the following questions.
Revenue for product A - $ 55,000
Revenue for product B - $ 25,000
Revenue for product C - $ 45,000
Cost of sales for the above product lines are 40%, 45%, and 50% of revenue respectively. Fixed costs are estimated at $40,000. The company would like to realize $ 25,000 in profit.
-The PV ratio is ___________________.
Correct Answer:
Verified
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