Mathematics · Aptitude and Commercial Math
A manufacturing firm provides the following financial data for two consecutive years: Year 1: Sales 8,00,000; Profit 80,000 Year 2: Sales 12,00,000; Profit 1,60,000 Calculate the PV Ratio, Fixed Costs, and the Sales required to earn a target profit of 2,00,000.
- 1PV Ratio 20%; FC 80,000; Sales 14,00,000✓
- 2PV Ratio 25%; FC 1,00,000; Sales 15,00,000
- 3PV Ratio 20%; FC 1,00,000; Sales 12,00,000
- 4PV Ratio 15%; FC 60,000; Sales 18,00,000
Correct answer
PV Ratio 20%; FC 80,000; Sales 14,00,000
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