Telluride Railway had the following revenue over the past 5 years: To predict revenues for 2008 ,

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Telluride Railway had the following revenue over the past 5 years:

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To predict revenues for 2008 , Telluride uses the average for the past 5 years. The company's breakeven revenue is $\$ 800,000$ per year. What is Telluride's margin of safety?

a. $\$ 0$

b. $\$ 50,000$

c. $\$ 100,000$

d. $\$ 110,000$

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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Question Posted: May 14, 2024 05:02 AM

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Telluride Railway had the following revenue over the past 5 years: To predict revenues for 2008 ,

Question:

2003 $ 600,000 2004 700,000 2005 900,000 2006 800,000 2007 1,000,000

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Accounting

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