객관식
Net annual cash flow can be estimated by:
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4. Merchandising Operations
Net Sales
객관식
The margin of safety is the excess of:
A
Gross profit over net sales
B
Break-even sales over actual (or budgeted) sales
C
Net sales over gross profit
D
Actual (or budgeted) sales over break-even sales
검증된 단계별 안내1
Understand the concept of margin of safety: It represents the difference between actual (or budgeted) sales and break-even sales. It measures how much sales can drop before the business reaches its break-even point.
Identify the formula for margin of safety: Margin of Safety = Actual (or Budgeted) Sales - Break-even Sales.
Determine the actual (or budgeted) sales: This is the total revenue expected or achieved during a specific period.
Calculate the break-even sales: Break-even sales are the sales level at which total revenue equals total costs, resulting in zero profit. Use the formula: Break-even Sales = Fixed Costs / Contribution Margin per Unit.
Subtract the break-even sales from the actual (or budgeted) sales to find the margin of safety. Ensure the values are correctly substituted into the formula to complete the calculation.
