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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

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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3 years ago

A company uses the declining-balance method of calculating depreciation expense.On January 1, the company buys machinery for $75

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Answer:

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3 years ago

Prairee partnership has four equal partners, Dodd, Crank, Pick, and Mack. Each of the partners had a tax basis of $320,000 as of

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Answer:

mack tax basis in prairee on 31 december = 307000

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Explanation:

given data

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distribution = $50,000

solution

we know allocated income is here

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so

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