Margin of Safety Flashcards
1
Q
Margin of Safety
A
is the Excess of sales over breakeven sales
2
Q
Margin of Safety in Dollars
A
Total Sales in Dollars minus Breakeven Sales in Dollars
3
Q
Margin of Safety as a % of Sales
A
Margin of Safety in Dollars/Total Sales
4
Q
Target Costing
A
Market Price minus Required Profit
