If a business had a capacity of $10,000,000 of sales, actual sales of $6,000,000, break-even sales of $4,500,000, fixed costs of $1,800,000, and variable costs of 60% of sales, what is the margin of safety expressed as a percentage of sales?
A) 25%
B) 18%
C) 33.3%
D) 15%
A
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A court is most likely to find a disclaimer of warranty unconscionable:
A. in the case of a conspicuous disclaimer. B. in the case of a personally injured consumer. C. if the plaintiff is a merchant trying to recover for property damage or economic loss. D. if the goods sold "as is" or "with all faults" are sold without any warranties.
Which of the following is NOT a step in the strategic planning process?
A) establish the business mission B) define the business objectives C) develop the business portfolio D) identify the business vision E) evaluate all members of the supply chain
Bennett has been so successful at his Fortune 500 company that he decides to start his own business. What does Bennett need to do first for his strategic planning process?
a. develop the mission b. analyze the environment c. set objectives d. develop strategies
Sustainability can give firms a competitive advantage in all of the following ways except?
a. Lower costs b. Product design elements desired by customers c. Increased product returns d. Better productivity