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1. Financial information for the two balance sheet dates provided for the Modern Ltd., as: Year Sales P/V ratio (CM ratio) Margin of Safety (%

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1. Financial information for the two balance sheet dates provided for the Modern Ltd., as: Year Sales P/V ratio (CM ratio) Margin of Safety (% of Total Sales) 2018 Rs 9,30,000 50% 40% 2019 ? 38% 22% Re-engineering process has resulted in considerable improvement in the fixed cost in 2019. Modern Ltd able of keep its sales level of 2018 in 2019 by decreasing the sales price. Calculate for 2019: 1. Sales in Rupees 2. Fixed cost in Rupees 3. Break-even sales in Rupees

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