Question: Define the term margin of safety. Explain what is meant by the term operating leverage. What impact does an increase in the margin of safety

Define the term margin of safety. Explain what is meant by the term operating leverage. What impact does an increase in the margin of safety have on risk? What impact does an increase in leverage have on risk?

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Margin of safety is the sales activity in excess of that needed to break even Operating l... View full answer

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