From the following information, calculate the amount of profit : Sales ₹16,00,000; Fixed cost ₹4,00,000; P/V Ratio 30%.
CS Executive · Corporate and Management Accounting · PYQS · June 2022
From the following information, calculate the amount of profit : Sales ₹16,00,000; Fixed cost ₹4,00,000; P/V Ratio 30%.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Cost and Management Accounting
Related Questions in this Topic
- The date that award exercised satisfied conditions of agreement is called:
- (1) To determine Fair value. (2) To set out a single Ind AS framework for measuring fair value. (3) To require disclosur...
- The ratio that explains how efficiently companies use their assets to generate sales is ............
- Which of the following is not the method of valuation of goodwill?
- Which of the following is not a method of business valuation?