Question

MC Qu. 74 If a firm's forecasted sales are... If a firm's forecasted sales are $238,000 and its break-even sales are $184,000, the margin of safety in dollars is: rev: 07_12_2018_QC_CS-131102

Answer 1

22.69%

Step-by-step explanation:

Margin of safety = (forecasted sales - break-even sales) / forecasted sales

( $238,000 - $184,000) / $238,000 x 1000 = 22.69%