Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following data have been extracted from the books of Alfa Ltd . Year Sales Rs Profit Rs 2 0 1 9 5 , 0

 

The following data have been extracted from the books of Alfa Ltd.

Year Sales Rs Profit Rs

20195,00,000(Loss)(25,000)

20207,50,0001,00,000

You are required to calculate:

(i) P/ Ratio (il) Fixed Cost (il) Break-even Sales (iv) Profit on sales of Rs.4,00,000(V) Sales to earn a profit of RS.1,25,000.

 

Step by Step Solution

3.37 Rating (147 Votes )

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

Financial Reporting and Analysis

Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon

6th edition

9780077632182, 78025672, 77632184, 978-0078025679

More Books

Students also viewed these Accounting questions

Question

What are some motivational theories? AppendixLO1

Answered: 1 week ago