The margin of safety tells managers How much profit would drop if sales decreased. How much profit
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Question:
The margin of safety tells managers
How much profit would drop if sales decreased.
How much profit would have to increase to hit target sales.
How much sales would have to increase to hit the target profit.
How much sales could drop before the firm no longer earns profits.
Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
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