The following figures of sales and profits for two periods are available in respect of a concern:

      

The following figures of sales and profits for two periods are available in respect of a concern:


You are required to find;
(i) P/V ratio
(ii) Fixed cost
(iii) Break – even point
(iv) Profit at an estimated sale of Kshs. 125,000
(v) Sales required to earn a profit of Kshs. 20,000

  

Answers

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Wilfykil answered the question on April 15, 2019 at 11:04

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