Gladstone Co. has expected sales of $326,000 for the upcoming month and its monthly break even sales are $300,000. What is the margin of safety as a percent of sales, rounded to the nearest whole percent?
A. 8%.
B. 92%.
C. 52%.
D. 108%.
E. 9%.
Answer: A
You might also like to view...
Which of the following statements is true of obtaining commitment from a buyer?
A. Obtaining commitment deals only with securing an order. B. The process of obtaining commitment occurs only toward the end of any sales call. C. If obtaining commitment fails for any reason, the salesperson should argue or show his disappointment to the prospect. D. Salespeople gain commitment repeatedly, for instance, when checking to see whether a customer's entire needs have been identified. E. Even without a buyer's commitment, a sale can take place.
The ________ component of the five-component framework of an information system includes individuals who maintain the data and support the networks of computers.
A. people B. procedural C. data D. storage E. networking
When a negative amount is in the base period and a positive amount is in the analysis period (or vice versa), a meaningful percent change cannot be calculated.
Answer the following statement true (T) or false (F)
____ notation always uses a fixed number of bits, with the leftmost bit representing the sign
a. Ones complement b. Excess c. Twos complement d. Packed