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If the company has sales of Rs. 82.5 Lacs, variable cost Rs. 46.2 Lac, fixed cost Rs 6.6 lac. Find financial leverage of firmOptions :3.766.781.182.76

Question

If the company has sales of Rs. 82.5 Lacs, variable cost Rs. 46.2 Lac, fixed cost Rs 6.6 lac. Find financial leverage of firm.

Options :

  • 3.76
  • 6.78
  • 1.18
  • 2.76
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Solution

To find the financial leverage of the firm, we can use the formula:

Financial Leverage = Total Sales / (Total Sales - Variable Cost)

Given: Total Sales = Rs. 82.5 Lacs Variable Cost = Rs. 46.2 Lacs

Substituting the values into the formula:

Financial Leverage = 82.5 / (82.5 - 46.2)

Financial Leverage = 82.5 / 36.3

Financial Leverage ≈ 2.27

Therefore, the financial leverage of the firm is approximately 2.27.

This problem has been solved

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