Explain margin of safety and why it is an important measurement for managers.
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Explain margin of safety and why it is an important measurement for managers.
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Margin of safety is a financial concept used to assess the level of cushion or protection a company has between its current level of output or sales a...View the full answer
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Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
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