Question
he following information pertains to Clove Co. for the month just ended: Budgeted sales $1,000,000 Breakeven sales 700,000 Budgeted contribution margin 600,000 Cash flow breakeven
he following information pertains to Clove Co. for the month just ended:
| Budgeted sales | $1,000,000 |
| Breakeven sales | 700,000 |
| Budgeted contribution margin | 600,000 |
| Cash flow breakeven | 200,000 |
Cloves margin of safety is
A) $800,000
B) $300,000
C)$500,000
D)$400,000
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Algorithm Audit Why What And How
Authors: Biagio Aragona
1st Edition
0367530929, 978-0367530921
