What is the margin of safety? List three ways in which margin of safety can be expressed
What will be an ideal response
The margin of safety is the excess of expected sales over breakeven sales. The margin of safety can be expressed in units, in dollars, or as a ratio.
Business
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A business relationship established by two or more companies to cooperate out of mutual need and to share risk in achieving a common objective is called a strategic international alliance
a. true b. false
Business
Which of the following forms of business organizations exists as a legal entity?
A) A labor union B) A sole proprietorship C) A partnership D) A corporation
Business