A company is currently operating at 80% capacity level. The production under normal capacity level is 1,50,000 units. The variable cost per unit is ` 14 and the total fixed costs are ` 8,00,000. If the company wants to earn a profit of ` 4,00,000, then the price of the product per unit should be (A) 37.50 (B) 38.25 (C) 24.00 (D) 35.00
If the asset turnover and profit margin of a company are 1.85 and 0.35 respectively, the return on investment is. (A) 0.65 (B) 0.35 (C) 1.50 (D) 5.29
