The following figures are available from the records of Venus Enterprises as at 31st March: Calculate: (a).
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The following figures are available from the records of Venus Enterprises as at 31st March:
Calculate:
(a). The P/V ratio and total fixed expenses;
(b). The break-even level of sales:
(c). Sales required to earn a profit of Rs. 90 lakhs;
(d). Profit or loss that would arise if the sales were Rs. 280 lakhs.
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