The following information relates to ABC Ltd for the year ended 31 May 2015: Sales Variable costs Fixed costs REQUIRED: R450 000 (R270 000) (R110 000) Using the information above, determine the percentage (%) fall in sales that would need to occur before ABC Ltd starts incurring a loss. (Round off your answer to two (2) decimal places)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Question 5
The following information relates to ABC Ltd for the year ended 31 May 2015:
Sales
Variable costs
Fixed costs
REQUIRED:
R450 000
(R270 000)
(R110 000)
Using the information above, determine the percentage (%) fall in sales that would need to occur
before ABC Ltd starts incurring a loss.
(Round off your answer to two (2) decimal places)
Transcribed Image Text:Question 5 The following information relates to ABC Ltd for the year ended 31 May 2015: Sales Variable costs Fixed costs REQUIRED: R450 000 (R270 000) (R110 000) Using the information above, determine the percentage (%) fall in sales that would need to occur before ABC Ltd starts incurring a loss. (Round off your answer to two (2) decimal places)
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