From the following information calculate margin of safety: Year 2006 2007 P/V Ratio 25% 30% Profit Rs.

Question:

From the following information calculate margin of safety:

Year 2006 2007 P/V Ratio 25% 30%

Profit Rs. 75,000 Rs. 1,20,000

[Ans.: (1) For 2006-Rs. 3,00,000, (2) For 2007-Rs. 4,00,000]

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Zero To Mastery In Accounting Become A High Level Accounting Manager

ISBN: 9789392475177

1st Edition

Authors: HECTOR ROBINETT

See More Books

Question Posted: Jul 20, 2024 07:02 AM

See More Questions

p = 8 No, because p cannot be negative Yes, because each value of s corresponds to exactly one value of p Yes, because the relation defines p in terms of s No, because some values of p correspond to...
Measuring and monitoring It is the SMT's view that the reduction in accident frequency rate alone clearly indicates that the slips and trips campaign was a success discuss possible limitations of...
The following graph shows web page links. Which two pages cannot be reached using a 2-click path from any other page in the network? Page 1 Page 3 Page 2 Page 4
On your first day as a intern at Tri-Star Management Incorporated the CEO asks you to analyze the following information pertaining to two common stock investments, Tech.com Incorporated and Sam's...
Fred argues, The standards that I like most are the ones that eliminate all management discretion in reportingthat way I get uniform numbers across all companies and dont have to worry about doing...
An infinitely long, thick, nonconducting cylindrical shell of inner radius a and outer radius b has a uniform volume charge density . Find the electric field everywhere.
ST71 Common stock valuation Perry Motors common stock just paid its annual dividend of $1.80 per share. The required return on the common stock is 12%. Estimate the value of the common stock under...
Sunshine Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Instructions From the information above, determine the amount of Sunshine...
Based on the current statement of Financial Position and will from the case, provide a spreadsheet listing his assets and two columns: gross estate and probate estate. Provide a spreadsheet to Robert...
From the following information, calculate margin of safety: Year 2006 and 2007 Year 2006 2007 P/V Ratio 20% 40% Profit Rs. 40,000 Rs. 60,000 [Ans.: For 2006-Rs. 2,00,000, for 2007-Rs. 1,50,000]
You are required to calculate sales to earn a profit of Rs. 2,90,000, if: Fixed Cost is Rs. 60,000 P/V Ratio is 25% [Ans.: Rs. 14,00,000]
What will a short-term financial plan enable a financial manager to do?
Water at 20C is to be pumped from a reservoir (ZA = 5 m) to another reservoir at a higher elevation (ZB = 13 m) through two 36-m- long pipes connected in parallel as shown. The pipes are made of...
Delph Company uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 53,000 machine-hours would...
The break even point of a company is $240 000. They sell their product at a markup of 30% and have variable expenses of 9% of sales. They currently make a profit of $10 500. They plan on reducing...
What kind of messages are young girls and boys receiving about whether their safety in relationships is valued are by their families and communities? Do we emphasize to our children (boys and girls)...
Below are the transactions for Oliver Printing, Incorporated for June, the first month of operations. June 1 Obtain a loan of $ 5 6 , 0 0 0 from the bank by signing a note. June 2 Issue common stock...
Up to what temperature has one to heat classical electronic gas to make the mean energy of its electrons equal to that of free electrons in copper at T = 0? Only one free electron is supposed to...
Draw the major product for each of the following reactions: (a) (b) (c) 1) 9-BBN 2) H2O2, NaOH 1) Disiamylborane 2) H20, NaOH
What accruals related to liability are usually necessary?
Federal and state consumer protection laws cover a seller's responsibilities after a sale. a buyer's responsibilities before a sale. a financer's responsibilities during a sale. a. and b
Change all of the numbers in the data area of your worksheet so that it looks like this: If your formulas are correct, you should get the correct answers to the following questions. ( a ) What is the...

From the following information calculate margin of safety: Year 2006 2007 P/V Ratio 25% 30% Profit Rs.

Question:

Step by Step Answer:

Zero To Mastery In Accounting Become A High Level Accounting Manager

Students also viewed these Business questions