Explain margin of safety and why it is an important measurement for managers.

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Principles Of Accounting Volume 2 Managerial Accounting

ISBN: 9780357364802

1st Edition

Authors: OpenStax

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Question Posted: Jul 21, 2023 11:30 PM

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Explain margin of safety and why it is an important measurement for managers.

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Margin of safety is a financial concept used to assess the level of cushion or protection a company has between its current level of output or sales a...View the full answer

Principles Of Accounting Volume 2 Managerial Accounting

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