Determine PN ratio, fixed cost and BEP with the help of following information:2014 15 2015 16DescriptionSales ( Lakhs)Profit Lakhs)10.0050.002.5022.50

p/v ratio is used to measure the profitability of the company. Contribution is the excess of sales…

Answered: Determine P/V ratio, fixed cost and BEP…

Determine P/V ratio, fixed cost and BEP with the help of following information: Description Sales ( Lakhs) Profit ( Lakhs) 2014 15 2015 - 16 10.00 50.00 2.50 22.50

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: If cost of goods sold is $520,000 and the gross profit rate is 20%, what is the gross profit? Select…

A: The objective of the question is to calculate the gross profit given the cost of goods sold and the…

Q: explain your solution Operating margin Market Ratio Operating income Current Ratio = Ravenue 6957873…

A: Ratio analysis is a quantitative method to know the liquidity, operational efficiency, and…

Q: Using Goal Seek/Solver and/or What-If Scenarios based on the below income statement, calculate the…

A: Presently net income is $947,815.56. You should know that in order to achieve a net income of…

Q: Calculate the gross profit percentage for 2022 with comparative figures Discuss 3 ways in which the…

A: The objective of the question is to calculate the gross profit percentage for the year 2022 and…

Q: Calculate the gross profit from the following? Sales of OMR 20000, Cost of goods sold OMR 8000 and…

A: Sales = OMR 20000 Cost of goods sold = OMR 8000 Return inwards = OMR 6000 Net sales = Sales-Return…

Q: Revenue (with VAT) - 300 Costs of sales 270 Selling costs - 20 Profit from sales (profit +, losses…

A: Answer - Calculation of Profit/ Loss - Particular Amount Revenue with VAT 300 Less :…

Q: Prepare a gross profit variation analysis for two products.…

A: Gross profit analysis refers to the method of comparing the gross profit of a company for two…

Q: From the following information, interpret the concern, using Trend Ratios. Particulars Sales (Net)…

A: Trend analysis is a technique used in financial analysis to evaluate and identify patterns or trends…

Q: The sales price for a product provides a gross profit of 24% of sales price. What is the gross…

A: Gross profit - It can be defined as the excess of a company's sales revenue over the direct…

Q: Contribution margin, break-even sales, cost-volume-profit chart, margin of safety, and operating…

A: Since you have posted a question with multiple sub-parts , we will do the first three sub-parts for…

Q: NAPOLEN SALES REVENUE IS $ 500000 , VARIABLE COST IS 20000 , FIXED C OST FOR THE YEAR IS 50000 SHOW…

A: Formula used: Net profit = Total revenues - Total Expenses Deduction of expenses from revenues…

Q: Express the gross profit (GP) in money and as a percentage in the table below. (15 points) Selling…

A: Solution: Gross profit is calculated as = Sales - Cost of goods sold Gross profit ratio = Gross…

Q: Question 3: Sohar. Company's financial information is given in the table below. Year 2019 | 2020 |…

A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: the Sales Cost ( 350000)$ , Sales ( 990000)$ , Ind. Marketing ( f. ) ( 120000)$ Ind. Exp. ( f.) (…

A: The net profit is calculated as difference between sales and total cost.

Q: The average price of a gallon of gas in 2015 dropped $0.94 (28 percent) from $3.34 in 2014 (to $2.40…

Q: Category Accounts payable Accounts receivable Accruals Additional paid in capital Cash 2022 104,539…

A: Net profit margin is the amount of net income earned as the percentage of sales of the company and…

Q: ILLUSTRATION 4. Following information is given. 2014 2015 $ $ 75,000 50,000 1,50,000 75,000 Sales…

Q: Calculate the following: a. Composite break-even point in units and in pesos b. Allocated CBEP in…

A: Contribution means the difference between the selling price and variable cost . Fixed cost when…

Q: Question 3: Sohar Company's financial information is given in the table below. Sales (OMR) Fixed…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: the Sales Cost ( 390000)$ , Sales ( 990000)$ , Ind. Marketing ( f. ) ( 120000)$ Ind. Exp. ( f.) (…

A: Net Profit:-It is an amount that is calculated by deducting variable and fixed expenses from the…

Q: Al Shahba has net sales are RO 57500 and gross profit rate is 45% of net sales, then estimated cost…

A: Estimated Cost of goods sold : This figure is calculated or determined while…

Q: If net sales is $373,000 and cost of goods sold is $223,800, what is the gross profit and gross…

A: Gross Profit :— It is the difference between net sales and cost of goods sold. Gross Margin :— It…

Q: Sales in the year 2017 was 30000 OMR and 2018 it was 45000 whereas net profit in the year 2017 was…

A: PV ratio in the business shows profit has been changed by how much percentage when sales revenue are…

Q: LC3Q4.lf the Margin is 20 percent and cost of goods sold is OMR 33000, Calculate the sales figure?

A: Margin means the profit earned . cost means the cost incurred on purchasing the goods. Sales price…

Q: Given the information below, what is the profit dollars? Round your answer to the dollar and add a…

A: Profit = Net sales - Cost of goods sold - expenses

Q: .Calculate the gross profit from the following? Sales OMR 25000, Cost of goods sold OMR 15000 and…

A: Net sales = Sales - Return inwards = OMR 25000 - OMR 2000 = OMR 23000

Q: The sales price for a product provides a gross profit of 14% of sales price. What is the gross…

A: Gross profit: It can be defined as the excess of a company's sales revenue over the direct expenses…

Q: Calculate the gross profit percentage for 2022 with comparative figures Discuss 3 ways in which the…

A: The profit a company makes after deducting all expenses associated with producing and marketing its…

Q: Calculate gross profit from the following? Sales OMR 50000, Cost of goods sold OMR 30000 and Return…

A: Formula: Net sales = Sales - return inwards Deduction of return inwards from sales derives the net…

Q: Calculate operating profit margin ratio and net profit margin ratio for the year 2015, 2016 and…

A: Here in this question, we are required to calculate the operating profit margin and net profit…

Q: Gross profit margin 2400 how is the estimate operating cost

A: Gross profit margin: It indicates the percentage of revenue after subtracting the cost of goods…

Q: Determine PN ratio, fixed cost and BEP with the help of following information: Description Sales (…

A: The break even point is the point at which total cost and total revenue are equal, meaning there is…

Q: Analyze the influence of factors on the level of return on sales (ROS). Choose the proper method of…

A: Return on sales or gross profit margin percentage is a profitability ratio used to compute the…

Q: Calculate Swifty's gross profit percentage and percentage markup on cost for each fiscal year.…

A: GROSS PROFIT MARGIN Gross Profit Margin is the Ratio Between Gross Profit & Sales. Gross Profit…

Q: Cont of pictures: Calculate gross profit rate under each of the following methods 1. LIFO 2. FIFO 3.…

A: The weighted Average Method, Last-in-first-out method [LIFO], and First-in-first-out [FIFO] are the…

Q: Question 1: Salalah Company has the financial information given in the table for the year ended on…

A: Contribution margin per unit = Selling price - variable cost = 275 - 125 = OMR 150 per units

Question

100%

Determine PN ratio, fixed cost and BEP with the help of following information:
2014 15 2015 16
Description
Sales ( Lakhs)
Profit Lakhs)
10.00
50.00
2.50
22.50

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step 3

VIEW

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Sales Tax, Restaurant Tax and Lodging Taxes

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

Find in Amount ($) and Percentage(%) for Year 2 over Year 1: Income Statement - (a) Sales Revenue (b) Cost of sales (c) Gross Margin
FAREnterprises Inc. Income Statements 2016 Leverage Calculations Calculate; The DOL 2019 2020 The DFL The DCL With both the interval method Years 2019 and 2020 and the Point method Years 2018, 2019, and 2020 Total Reverue Cost of Goods Sold 71,887 74,178 75, 387 55,a53 57.117 17,061 Gross Profit 16,534 17,339 Variable G&A 1,884 1,98 2,019 Fixed G&A 7,000 7,000 7,000 2020 1,500 650 Fined Depreciation 1500 1,500 Point Method 2018 2019 Fied Hent 650 650 DAL Operating Expenses 11,034 11.169 DOL 11,148 5,500 2,000 EBIT 5,913 6,170 DCL interest Espense 2,000 2,000 famings llefore Taxes 3,500 3,913 4,170 2020 1,668 2,500 Interval Method 2019 1,400 2,100 Income Tax Expense 1,565 2.348 DFL Net income DOL Tax late 40% DCL Share Data 10000 10000 10000 Basic Shares 0.21 0.23 0.25 Basic EPS
Compute for Profitability Ratio in 2015 and 2016: 1. Gross Margin Ratio 2. Profit Margin Ratio 3. Return on Asset Ratio
Q.3.5 Complete the following table by filling in the missing amounts: (6) Mark-up on Cost Price Profit Selling Price Cost (excluding VAT) (excluding VAT) (excluding VAT) 25% 1 000 100% 6 000 1 500 2 500
An analyst is evaluating the profi tability of Daimler AG (Xetra: DAI) over a recentfi ve-year period. He gathers the following revenue data and calculates the followingprofi tability ratios from information in Daimler’s annual reports:2009 2008 2007 2006 2005Revenues (€ millions) 78,924 98,469 101,569 99,222 95,209Gross profi t margin 16.92% 21.89% 23.62% 20.60% 19.48%Operating profi t (EBIT) margin a–1.92% 2.77% 8.58% 5.03% 3.02%Pretax margin –2.91% 2.84% 9.04% 4.94% 2.55%Net profi t margin –3.35% 1.73% 4.78% 3.19% 2.37%aEBIT (Earnings before interest and taxes) is the operating profi t metric used by Daimler.Daimler’s revenue declined from 2007 to 2008 and from 2008 to 2009. Further,Daimler’s 2009 revenues were the lowest of the fi ve years. Management’s discussion ofthe decline in revenue and EBIT in the 2009 Annual Report notes the following:Th e main reason for the decline [in EBIT] was a signifi cant drop in revenuedue to markedly lower unit sales in all vehicle segments as a…
Calculating Gross Profit Percentage Given Percentage of Cost The following are calculations of gross profit as a percentage of cost: 25%, 30%, and 35% Compute gross profit as a percentage of sales for each of the three percentage of cost figures. Note: Round to the nearest whole percentage (for example, enter 20 for 20.44%)
What is the earning per share? I am trying to calculate the price to earnings ratio. The cost per share is $24.83 for 2016, 25.66 for 2015
he company has these parties of goods on hand: 10x1.000 TL; 20x900 TL; 10x800 TL; 10x700 TL. If 37 items are sold with 20% profit margin (COGS +20% Profit), what is COGS and Sales Revenue in LIFO? a. COGS: 9.400 TL; Sales Revenue: 11.280 TL b. COGS: 33.600 TL; Sales Revenue: 40.320 TL c. COGS: 30.300 TL; Sales Revenue: 36.360 TL d. COGS: 12.700 TL; Sales Revenue: 15.240 TL
10. The income statement for Jeeves Ltd for 2015 is shown below: Sales (100 000 units) $40 000 Variable cost $24 000 Contribution margin $16 000 Fixed costs $12 000 Net Income $ 4000 What is the contribution margin ratio? A. 10% В. 30% C. 40% D. 60% 11. What is the difference between total sales in dollars and total variable expenses called? A Net operating income B. Net profit C. The gross margin D. The contribution margin 12. How is the margin of safety computed? A Break-even'total sales B. Total sales - Break-even sales
calculate the fixed and variable components of the selling and administrative expenses by dividing the change in cost of the selling and administrative expenses between 2009 and 2010 to change in sales between 2009 and 2010 and use it to determine the fixed and variable components of the cost of the selling and administrative expenses . Saunders Corporation (amounts in millions of dollars) 2009 2010 Sales 8,296 8,871 Cost of Goods Sold (5,890) (6,290) Selling and Administrative Expenses (1,788) (1,714) Operating Income before Income Taxes 618 867
Using percentage of completion cost to cost input measure the gross profit in 2014 is a. P 60,000b. P 74, 429c. P 160,000d. P 225,714
a. net sales for Dec 2018 b. cost of good sold for Dec 2018 c. net income for Dec 2018