FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. You are given the following data for the year 2016 of XYZ Co. Limited Variable cost 600,000 Fixed cost 300000 Net profit 100,000 1000,000

image text in transcribed
1. You are given the following data for the year 2016 of XYZ Co. Limited Variable cost 600,000 Fixed cost 300000 Net profit 100,000 1000,000 Required, Find out: a) Break-even point (3 MARKS) b) P/V ratio (3 MARKS) c) Margin of safety (2 MARKS) d) Draw a break even chart showing contribution

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Entrepreneurial Finance

Fundamentals Of Entrepreneurial Finance

Authors: Marco Da Rin, Thomas Hellmann

8th Edition

0199744750, 9780199744756

More Books

Students also viewed these Accounting questions

Question

★★★★★
Which of the following would not result in exposure to non-sampling risk? a. Measuring the characteristic of interest in an inappropriate manner. b. Selecting items that are not representative of the...

Answered: 1 week ago

Question

★★★★★
Which of the following activities is not part of the product development process? a. Strategic planning b. Identification of customer needs c. Generation of product concepts d. Empirical validation...

Answered: 1 week ago

Question

★★★★★
=+1. Which of the given are Actions and which are States of Nature?

Answered: 1 week ago

Question

★★★★★
The Burger Doodle restaurant chain in Problem S7-12 is considering three potential sites, with the following grid-map coordinates, for its new distribution center: A(350, 300), B(150, 250), and...

Answered: 1 week ago

Question

★★★★★
If the risk-free rate is 6 percent and the expected rate of return on the market portfolio is 14 percent, is a security with a beta of 1.25 and an expected rate of return of 16 percent overpriced or...

Answered: 1 week ago

Question

★★★★★
Please complete the 2018 tax return for Modern Day Clothing, Inc. based upon the facts presented below. If required information is missing, use reasonable assumptions to fill in the gaps. Ignore any...

Answered: 1 week ago

Question

★★★★★
Sam Mckenzie is the founder and CEO of Mckenzie Restaurants,Inc., a regional company. Sam is considering opening several newrestaurants. Sally Thornton, the company's CFO, has been put incharge of 2...

Answered: 1 week ago

Question

★★★★★
"A low-cost carrier or low-cost airline (also known as a no-frills, discount or budget carrier or airline) is an airline that offers generally low fares in exchange for eliminating many traditional...

Answered: 1 week ago

Question

★★★★★
List the attributes along which customer demand from different segments can vary that are important to supply chain management.

Answered: 1 week ago

Question

★★★★★
in quickbooks online: Sarah at the sarah's spa is looking for an employee who has been terminated but not deleted from the employee list, but she can't find the employee. What should she do to...

Answered: 1 week ago

Question

★★★★★
For each one of the costs below, explain whether the resource cost is explicit or implicit, and give the annual opportunity cost for each one. Assume the owner of the business can invest money and...

Answered: 1 week ago

Question

★★★★★
7. The following image shows incoming waves at times 0 and 2 seconds. Use this information to predict the resulting waves at times of 6 and 8 seconds. ____.__..._._._,,_.._.. wwF "a. -__. _...

Answered: 1 week ago

Question

★★★★★
13.6 Explain how to set up aflexible benefits program.

Answered: 1 week ago

Question

★★★★★
13.2 Describe five government-mandated benefits.

Answered: 1 week ago

Question

★★★★★
13.3 Discussfive types of voluntary healthcare-related employee services or benefits offered to employees.

Answered: 1 week ago

Previous Question Next Question