Total Assets & Current liabilities of the Vitrag Limited are 50 lakhs & 10 lakhs respectively. ROCE is 15%, measure of business operating…
CA Intermediate · Financial Management and Strategic Management · MTP · September 2024
Total Assets & Current liabilities of the Vitrag Limited are 50 lakhs & 10 lakhs respectively. ROCE is 15%, measure of business operating risk is at 3.5 & P/V ratio is 70%. Calculate Sales.
Suggested Answer and Working Notes:
Correct Answer: Option (B)
30 lakhs
Topics: Part-A: Financial Management
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