Target sales for Cricket Lane Flowers are ($338,000) in its third year of operation. Break-even sales are
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Target sales for Cricket Lane Flowers are \($338,000\) in its third year of operation. Break-even sales are estimated at \($289,000\)
(estimated cost of goods sold +expenses for year three).
1. Calculate the margin of safety. Then explain your opinion of this level.
2. Compute as an alternative activity, using spreadsheet software to make these calculations.
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ISBN: 978-0078684159
1st Edition
Authors: Mcgraw Hill Education
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