Objectives of CVP Analysis:    Cost volume profit analysis (CVP analysis) is one of the most powerful tools that managers have at their command. It helps them understand the interrelationship between cost, volume, and profit in an organization by focusing on interactions among the following five elements:      Prices of products    Volume or level … Read more

IT IS TRUE THAT THE EXCHANGE RATE WITH REFERENCE  TO THE MAJOR CURRENCIES PLAY A SIGNIFICANT PART  IN INFLUENCING THE BALANCE OF PAYMENTS.    Factors which move forex rates  Foreign exchange rates are extremely volatile and it is incumbent on those involved with foreign exchange - either as a purchaser, seller, speculator or institution - … Read more