Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q4 (a) The following information is available related to POR Ltd: 2019 2020 Sales 3200,000 Decrease in selling price and decrease in fixed costs are

image text in transcribed

Q4 (a) The following information is available related to POR Ltd: 2019 2020 Sales 3200,000 Decrease in selling price and decrease in fixed costs are the only changes in 2020 as compared to 2019 M/S Ratio 25% 40% P/V Ratio 33.33% 30% You are required to calculate: (0) Decrease in sales amount in 2020 (ii) Fixed costs of both the years Profits for 2020 (iv) Break Even Point for 2020 (b) Write a short note on Margin of Safety

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

Step: 3

blur-text-image

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

Business Finance: Theory And Practice

Authors: Eddie McLaney

6th Edition

9780273673569

More Books

Students also viewed these Accounting questions

Question

Define and discuss the nature of communication

Answered: 1 week ago

Question

Define and discuss the nature of culture

Answered: 1 week ago