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calculate RQ.16.15 Two companies P Ltd. and Q Ltd. producing and selling similar products forecasted their Profits and Loss a/c for the next year, which

calculate

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RQ.16.15 Two companies P Ltd. and Q Ltd. producing and selling similar products forecasted their Profits and Loss a/c for the next year, which is as follows: Calculate: (a) P/V ratio, break-even point, and margin of safety for both the companies. (b) Sales required to earn a profit of 30,000 for both companies. (c) Under the following situations, which company will show better results (i) Increase in sales (ii) Decrease in sales

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