Question
An owner of a business has invested Rs 10,00,000 in business. He wants a 15% ROI on his money. From an analysis of recent cost figures, he finds that his variable cost of operating is 50% of sales; his fixed costs are ₹ 250,000 per year. You need to calculate the sales volume that must be obtained to break even?
More Financial Management Questions
- Stand Up India Scheme was launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs. What is the maximum amount of bank loan a beneficiary ...
- Which Basel III concept specifically addresses the build-up of systemic risk during periods of excessive credit growth, and can be activated by national re...
- Which of the following is an example of an early warning signal of asset quality deterioration?
- The duration of a 5-year zero-coupon bond is
- Which of the following is not correct with regard to oligopoly?
- With respect to the futures transactions, the purpose of margin is to”
- Trendy Touring Company, which has $3,500,000 in assets, earns $120,000 in operating profit using $1,000,000 in capital. Of the capital, $750,000 is owners’...
- When contrasting exchange-traded derivatives and over-the-counter derivatives, credit risks
- Which of the following statements is true about the Atal Pension Yojana (APY)?
- According to Union Budget 2023-24, consider the following statements regarding Legislative Changes In GST laws: 1. raise the minimum threshold of tax amou...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt