Assertion (A):ProRt volume ratio is considered to be the best indicator of the profitability of the business.Reason (R):If the profit volume ratio improved, it will result in better profits.Codes:

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Assertion (A):<br />ProRt volume ratio is considered to be the best indicator of the profitability of the business.<br />Reason (R):<br />If the profit volume ratio improved, it will result in better profits.<br />Codes: