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Priyank is risk averse and has concerns about business losses. He asks you how risky the business is in relation to the decrease in sales
Priyank is risk averse and has concerns about business losses. He asks you how risky the business is in relation to the decrease in sales volume and whether he should acquire the business?
1, Calculate units of cakes to be sold per month to break even
2. Calculate the margin of safety to determine the cushion before incurring a loss if the expected sales fail to materialise. Express in percentage?
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