In evaluating the margin of safety, the options: 1) break-even point in sales dollars is not relevant.
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Question:
In evaluating the margin of safety, the options:
1) break-even point in sales dollars is not relevant.
2) higher the margin of safety ratio, the greater the margin of safety.
3) higher the dollar amount, the lower the margin of safety.
4) higher the margin of safety ratio, the lower the fixed costs.
Related Book For
Financial Reporting And Analysis
ISBN: 9781260247848
8th Edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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