. The following information relates to a retail company for the year ending 31 December Budgeted sales revenue 500,000 Breakeven sales revenue 350,000 Budgeted contribution 300,000 Breakeven contribution 210,000 Which of the following is the company's margin of safety? £90,000 £140,000 £150,000 £210,000

. The following information relates to a retail company for the year ending 31 December Budgeted sales revenue 500,000 Breakeven sales revenue 350,000 Budgeted contribution 300,000 Breakeven contribution 210,000 Which of the following is the company's margin of safety? £90,000 £140,000 £150,000 £210,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

3. The following information relates to a retail company for the year ending 31 December

Budgeted sales revenue 500,000

Breakeven sales revenue 350,000

Budgeted contribution 300,000

Breakeven contribution 210,000

Which of the following is the company's margin of safety?

£90,000
£140,000
£150,000
£210,000

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