FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If a business had sales of $4,000,000 and a margin of safety of 25%, the break-even point was $3,000,000 $1,000,000 $5,000,000 $12,000,000

image text in transcribed
If a business had sales of $4,000,000 and a margin of safety of 25%, the break-even point was $3,000,000 $1,000,000 $5,000,000 $12,000,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

CyRM Mastering The Management Of Cybersecurity Internal Audit And IT Audit

CyRM Mastering The Management Of Cybersecurity Internal Audit And IT Audit

Authors: David X Martin

1st Edition

0367757850, 978-0367757854

More Books

Students also viewed these Accounting questions

Question

★★★★★
How does planning help an organization?

Answered: 1 week ago

Question

★★★★★
T F Accountability is created, not delegated.

Answered: 1 week ago

Question

★★★★★
David's Robotics is examining two of its products, Calculon Model and Bender Model. The following information is being reviewed: Required: 1. Which item should David's manufacture if there is no...

Answered: 1 week ago

Question

★★★★★
If a business had sales of $4,000,000 and a margin of safety of 25%, the break-even point was $3,000,000 $1,000,000 $5,000,000 $12,000,000

Answered: 1 week ago

Question

★★★★★
In approximately 5 0 0 words please share the topic / discussion / assignment in this course ( Intro to Human Resources ) that had the biggest impact on you; and, Why you believe it will have be...

Answered: 1 week ago

Question

★★★★★
What is your opinion about individuals' voluntary behaviors that shape social structures? Feel free to provide a personal example of when you saw something in a social media user's post that inspired...

Answered: 1 week ago

Question

★★★★★
Please give me a heads up on - "I really like this work and the people at Glass Top Restaurant" said Joe, a server. "But I think I could do more if I had the chance!" "Well," repliedBino, a cook, "We...

Answered: 1 week ago

Question

★★★★★
Forces of 18 pounds and 9 pounds act on each other with an angle of 161. Round the magnitude to 4 decimal places and the angles to one decimal place. The magnitude of the resultant force 9.93237...

Answered: 1 week ago

Question

★★★★★
Time left 1:11:34 Last season, Fairfield Farms sold strawberries as follows: 1501 boxes at $1.51 per pound in the early part of the season; 3598 boxes at $1.49 per pound at the height of the season;...

Answered: 1 week ago

Question

★★★★★
An object produced by some kind of machine turns out to be 10% defective. 10 items were taken randomly from the production for investigation. What is the probability that the object under...

Answered: 1 week ago

Question

★★★★★
6-7 Why is big data so interesting to businesses? What challenges does big data present?

Answered: 1 week ago

Question

★★★★★
6-10 In this exercise, you will use database software to design a database for managing inventory for a small business. Sylvesters Bike Shop, located in San Francisco, California, sells road,...

Answered: 1 week ago

Question

★★★★★
6-12 In MyMISLab, you will find a Collaboration and Teamwork Project dealing with the concepts in this chapter. You will be able to use Google Drive, Google Docs, Google Sites, Google+, or other open...

Answered: 1 week ago

Previous Question Next Question