Below is an income statement for XYZ Company:

Sales	$400,000
Variable costs	(100,000)
Contribution margin	$300,000
Fixed costs	(250,000)
Net Income	$ 50,000

14. Based on the cost and revenue structure on the XYZ income statement, what was the break-even point in sales dollars (using the Y-formula)?

a.	$666,667
b.	$566,667
c.	$433,333
d.	$333,333

15. What was the XYZ's margin of safety (rounded to the nearest whole number)?

a.	14%
b.	17%
c.	20%
d.	23%

16. What was the XYZ's Degree of Leverage (DOL)?

a.	4.00
b.	5.00
c.	6.00
d.	7.00