What Is a Yield on Cost?
The cost-benefit ratio indicates the profit obtained per unit cost and reflects the relationship between cost and profit.
Cost-benefit ratio
Right!
- The cost-benefit ratio indicates the profit obtained by unit cost, and reflects the relationship between cost and profit.
- Cost benefit ratio: Accounting index.
- The formula is: cost-benefit ratio = profit / cost.
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- Generally, the higher the cost-benefit ratio, the higher the operating efficiency of the enterprise, and this indicator of the high-tech industry is high.