Alston jewelry had sales revenues last year of $2.4 million, while its breakeven point ( in dollars) was $2.2million. What was Alston Jewelry's margin of
Alston jewelry had sales revenues last year of $2.4 million, while its breakeven point ( in dollars) was $2.2million. What was Alston Jewelry's margin of safety in dollars? what does the term margin of safety mean? what can you discern about Alston Jewelry from its margin of safety?
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Authors: Horace R. Brock, Linda Herrington
6th Edition
0028034287, 978-0028034287
