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The following information is provided of ABC Company Limited Year 31.03.2013 31.03.2014 Sales (Rs.) 32,...

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Accounting

The following information is provided of ABC Company Limited

Year 31.03.2013 31.03.2014

Sales (Rs.) 32, 00,000 57, 00,000

Profit / Loss (Rs.) 3, 00,000 7, 00,000

Calculate:

i. P/V Ratio

ii. Total fixed Cost

iii. Sales required to earn a profit of Rs.12, 00,000

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