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Author Question: If a company's breakeven revenue is $1,000 and its budgeted revenue is $1,250, then its margin of ... (Read 94 times)

nenivikky

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Question 1

The margin of safety is the difference between ________.
◦ budgeted expenses and breakeven expenses
◦ budgeted revenues and breakeven revenues
◦ actual operating income and budgeted operating income
◦ actual sales margin and budgeted sales margin

Question 2

If a companyʹ's breakeven revenue is $1,000 and its budgeted revenue is $1,250, then its margin of safety percentage is 20%.
◦ true
◦ false


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Marked as best answer by nenivikky on Mar 6, 2021

Anton

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nenivikky

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


cam1229

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Reply 3 on: Yesterday
Wow, this really help

 

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