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Reika [66]
2 years ago
15

MC Qu. 74 If a firm's forecasted sales are... If a firm's forecasted sales are $238,000 and its break-even sales are $184,000, t

he margin of safety in dollars is: rev: 07_12_2018_QC_CS-131102
Business
1 answer:
KonstantinChe [14]2 years ago
3 0

Answer:

22.69%

Explanation:

Margin of safety = (forecasted sales -  break-even sales) / forecasted sales

( $238,000 - $184,000) / $238,000 x 1000 = 22.69%

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