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
- Under the RBI's 2025 project financing norms, the combined repayment tenor and moratorium period cannot exceed ________ of the project’s economic life.
- In which of the following cases lifetime credit losses will be the correct choice for computing ECL: I.Financial assets with no significant increase in cre...
- Until when does the term of the auditorship of the first auditor extend from the date of appointment?
- What is the meaning of the term 'taper tantrum' used in monetary policy discussions?
- Which of the following entities is eligible to participate as a "Seller" on the TReDS platform?
- What is a best practice for addressing conflicts of interest in the workplace?
- Under the Insolvency and Bankruptcy Code, 2016, which of the following is NOT a priority in the order of payment to creditors during the Corporate Insolven...
- When the spot price of a Call Option is less than the strike Price of an Option, the Option is said to be _______
- Which of the following is a major risk for MSMEs that is caused by delays in payments from large customers and the accumulation of receivables?
- For Global Financial Centres Index 38 (GFCI 38), the average rating increase for the Asia/Pacific region was 1.27%.
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
