90.2K
Verified Solution
Link Copied!
The following information is provided of ABC Company Limited
Year 31.03.2013 31.03.2014
Sales (Rs.) 32, 00,000 57, 00,000
Profit / Loss (Rs.) 3, 00,000 7, 00,000
Calculate:
i. P/V Ratio
ii. Total fixed Cost
iii. Sales required to earn a profit of Rs.12, 00,000
Answer & Explanation
Solved by verified expert