If a business had sales of $4,316,000 and a margin of safety of 20%, the break-even point was Oa. $863,200 Ob. $5,179,200 Oc. $7,768,800 Od. $3,452,800
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- If a business had sales of $3,886,000 and a margin of safety of 20%, the break-even point was O a. O b. $777,200 a. $6,994,800 O c. c. $4,663,200 O d. $3,108,8002. Calculate the break-even sales when a business has sales of $824,000 and a margin of safetyof 21%.a. $584,000b. $650,960c. $672,100d. $710,000Calculate the break-even sales when a business has sales of $824,000 and a margin of safety of 21%. a. $584,000 b. $650,960 c. $672,100 d. $710,000
- If a business had sales of $4,000,000 and a margin of safety of 25%, the break-even point in sales dollars was $12,000,000 $3,000,000 $1,000,000 $5,000,000A company had a profit margin of 15%. If net income equaled $44,000 and average total assets equaled $335,000, how much were net sales? (Rounded to the nearest whole dollar.) A. $293,333 B. $6,600 C. $223 D. $50,250 E. $291,000Margin of Safety Quick Inc. has sales of $36,400,000, and the break-even point in sales dollars is $24,024,000. Determine the company's margin of safety as a percent of current sales. Enter your answer as a whole number. %
- Margin of Safety a. If Canace Company, with a break-even point at $401,800 of sales, has actual sales of $490,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $___________ 2. ____________% b. If the margin of safety for Canace Company was 45%, fixed costs were $1,648,350, and variable costs were 55% of sales, what was the amount of actual sales (dollars)?(Hint: Determine the break-even in sales dollars first.)$___________a. If Canace Company, with a break-even point at $244,200 of sales, has actual sales of $370,000, what is the margin of safety evpressed (1) in doilars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $ 2.Margin of Safety a. If Canace Company, with a break-even point at $262,700 of sales, has actual sales of $370,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $. fill in the blank 1 2. %. fill in the blank 2 b. If the margin of safety for Canace Company was 40%, fixed costs were $1,624,800, and variable costs were 60% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.)3.$. fill in the blank 3
- Margin of Safety The Spector Company has sales of $440,000, and the break-even point in sales dollars is $338,800. Determine the company's margin of safety as a percent of current sales.fill in the blank 1 %Jonick Company has sales of $460,000, and the break-even point in sales dollars is $372,600. Determine the company's margin of safety as a percent of current sales.___ %1. ValleMiramar has the following data: Net sales, P1.8 M; Costs of Goods Sold , P 1.08; Operating Expenses, P 315,000; Earning’s before interests and profit, P405,000; Net income, P195,000; Total Stockholders’ Equity P.75M; Total Assets P 1M. . The return on investment is: a. 22.5% b. 26.5% c. 19.5% d. 40.5% 2. Refer to no. 1 the debt. and operating ratio are a. .25 and .775 c. .25 and .175 b. .75 and .775 d. .75 and .175 3. Extracts from the balance sheet ( 000,000 ) of A Co. as follows: Current Assets Merchandise Inventory P 77.1 Accounts Receivable 50.1 Cash on Hand and in 85.0 Creditors: Amounts falling due within one year 70.2 Bank Overdraft Other Creditors…