Question
) The following information is available related to POR Ltd: 2019 2020 Sales 200,000 Decrease in selling price and decrease in fixed costs are the
) The following information is available related to POR Ltd:
| 2019 | 2020 | |
| Sales | 200,000 | 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% |
calculate:
- Decrease in sales amount in 2020
- Fixed costs of both the years
- Profits for 2020
- Break Even Point for 2020
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Comparative International Accounting
Authors: Christopher Nobes, R. H. Parker
6th Edition
0273646028, 978-0273646020
