Question - 2: Calculate 'Margin of Safety' from the following data: Particulars Mary & Co. Geetha& Co. Sales 1,00,000 1,00,000 Cost 80,000 80,000 Fixed - Mary & Co. 30,000 Geetha & Co. 50,000 Variable - Mary & Co. 50,000 Geetha & Co. 30,000 Profit 20,000 20,000 ...... .... .....* .... ******

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question - 2: Calculate 'Margin of Safety' from the following data:
Particulars
Mary & Co.
Geetha& Co.
Sales
1,00,000
1,00,000
Cost
80,000
80,000
Fixed - Mary & Co.
30,000
Geetha & Co.
50,000
Variable - Mary & Co.
50,000
Geetha & Co.
30,000
Profit
20,000
20,000
Transcribed Image Text:Question - 2: Calculate 'Margin of Safety' from the following data: Particulars Mary & Co. Geetha& Co. Sales 1,00,000 1,00,000 Cost 80,000 80,000 Fixed - Mary & Co. 30,000 Geetha & Co. 50,000 Variable - Mary & Co. 50,000 Geetha & Co. 30,000 Profit 20,000 20,000
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