Answer:
In my opinion, the debate that was more powerful and stronger was Nixons. He gave valid and strong sentences.
Explanation:
I feel as if the answer is C - "Daylight is experienced in business ventures."
Since, in the passage it states multiple times of Daylight's construction plan.
If you have any questions on this, just message me back.
You don’t value what you have till it’s gone
Answer:
Explanation:
a. The margin of safety will be calculated first and this will be:
= Actual sales - Break even sales
= $1,200,000 - $960,000
= $240,000
The margin of safety expressed as a percentage of sales will then be:
= 240,000/1200000 × 100
= 1/5 × 100
= 20%
b. Firstly, we have to calculate the break even sales which will be:
= Fixed cost / Contribution margin ratio
= 1875000 / (100% - 80%)
= 1875000/20%
= 1875000/0.2
= $9,375,000
Then, to calculate the actual sales goes thus:
% Margin of safety = Margin of safety / Actual sales.
20% = (Actual sales - 9375000) / Actual sales
0.2 × Actual sales = Actual sales - 9375000
Actual sales = $11,718,750
