You are given the following data: Fixed expenses OMR. 4,000 Break-even point OMR. 10,000 Calculator- (i) PN ratio (ii) Profit when sales are OMR. 20,000 (iii) New break-even point if selling price is reduced by 20%

You are given the following data: Fixed expenses OMR. 4,000 Break-even point OMR. 10,000 Calculator- (i) PN ratio (ii) Profit when sales are OMR. 20,000 (iii) New break-even point if selling price is reduced by 20%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

You are given the following data:

Fixed expenses OMR. 4,000
Break-even point OMR. 10,000
Calculator-

(i) PN ratio
(ii) Profit when sales are OMR. 20,000
(iii) New break-even point if selling price is reduced by 20%

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