The margin of safety is calculated using the following formula: Margin of _ Break -even _ Current

Question:

The margin of safety is calculated using the following formula:

Margin of _ Break -even _ Current safety sales sales

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting A Business Perspective

ISBN: 9780075615859

7th Edition

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

Question Posted: