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Question 3: Mirbat Company's financial information is given in the table below. Year Sales (OMR)Fixed Costs Variable Costs 2020 445000 105000 245000 2021500000 150000 280000
Question 3: Mirbat Company's financial information is given in the table below. Year Sales (OMR)Fixed Costs Variable Costs 2020 445000 105000 245000 2021500000 150000 280000 You are required to calculate the following values for each year. The years are independent of each other. a) P/V ratio, b) B.E.P. c) Sales required to earn a profit of OMR 45000. d) Margin of safety at a profit of OMR 50000 e) Profit when sales are OMR. 300000
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