Question: Please Solve any one question as soon as possible 20. (a) Profit-volume ratio of a firm is 50% and margin of safety is 40%. Compute

Please Solve any one question as soon as possible

20. (a) Profit-volume ratio of a firm is 50% and margin of safety is 40%. Compute its Break Even Point and net profit if its sales are Rs. 50,00,000. (b) Fixed cost Rs. 1,20,000; variable cost per unit Rs. 5; selling price per unit Rs. 10. Find out (i) Break Even Point (in units and amount), (ii) Selling price per unit if the break-even point is brought down to 16,000 units. 21. From the following particulars, prepare the balance sheet of Shri Mohan Rao: Current Ratio 2; Working Capital Rs. 4,00,000; Capital to Current Assets 3:2; Fixed Assets to Turnover 1:3; Sales Cash/Credit 1:2; Stock Velocity 2 Months; Creditors Velocity 2 Months; Debtors Velocity 3 Months; Capital (Net Profit 10\% of turnover and Reserve 2.5\% of turnover); Debentures/Share Capital 1:2; Gross Profit Ratio 25% (to sales)

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