Answered: National Co. had the following economic…

Business

Accounting

National Co. had the following economic data for 2022: ...*** ..

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

What is National Co.’s break-even point in 2022?

P360,000

P288,000

P320,000

P80,000

National Co. had the following economic data for 2022:
Net sales
Contribution margin ratio
Margin of safety ratio
P400,000
40%
10%

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