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You are given the following data for the current financial year of Rio Co. Ltd: Variable Fost Fixed cost Net profit Sales 60,000 30,000
You are given the following data for the current financial year of Rio Co. Ltd: Variable Fost Fixed cost Net profit Sales 60,000 30,000 10,000 1,00,000 60% 30% 10% 100% FIND OUT (a) Break-even point, (b) P/V ratio, and (c) Margin of safety. Also DRAW a break-even chart showing contribution and profit.
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
