Question
From the following information calculate the amount of
sales to earn a desired profit of Rs.12,000 Fixed Cost: 24,000 Selling Price: 10 per unit Variable cost: 6 per unitSolution
Calculation of PV ratio = Contribution / Selling Price *100 [(10-6)/10] * 100 = 40% Sales to earn desired profit = Fixed Cost + Desired Profit / PV ratio (24000+12000) / 40%
Which of the following are the difference(s) between swaps and futures contracts?
1.      Swaps are typically short term, whereas futures ...
Depreciation is charged on which among the following?
Who has been appointed as the new Managing Director (MD) and Chief Executive Officer (CEO) of Paytm Payments Bank?
As per the recent (April 2024) change done to SGrBs, w hich of the following statements is NOT true about Foreign Institutional Investors (FIIs) investi...
 Which of the following is least likely a condition necessary for revenue recognition?
Which among the following represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another?
Under the Expense of Management Rules 2023 introduced by Insurance Regulatory and Development Authority of India, general insurance companies can work w...
In a leveraged buyout (LBO), what is the primary source of funds used for the acquisition of a company?
 Which of the following best describes a merger of two companies where a financially sick or distress business is merged with a sound company as part ...
Calculate the closing capital of an individual from the following information:
·      Initial capital in business – Rs.50000
