Which of the following describes what a cost-benefit ratio of 6 means?
☐Revenue is 1.6 times the costs
☐Costs are 1.6 times the profit
☐The costs are greater than the benefits
☐Profit is 1.6 times the costs
Cost benefit ratio = Total costs/Total Revenues
Hence, it reflects cost is x times of revenues
Cost benefit ratio of 1.6 means that
The costs are greater than the benefits
Which of the following describes what a cost-benefit ratio of 6 means? ☐Revenue is 1.6 times the costs ☐Costs are 1.6 times the profit ☐The costs are greater than the benefits ☐Profit is 1.6 times the...
Which of the following describes what a cost-benefit ratio of 6 means? ☐Revenue is 1.6 times the costs ☐Costs are 1.6 times the profit ☐The costs are greater than the benefits ☐Profit is 1.6 times the costs
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