If a business had sales of $3,764,000 and a margin of safety of 20%, the break-even point was a. $4,516,800 b. $3,011,200 c. $6,775,200 d. $752,800

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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If a business had sales of $3,764,000 and a margin of safety of 20%, the break-even point was
a. $4,516,800
Ob. $3,011,200
○ c.
c. $6,775,200
Od. $752,800
Transcribed Image Text:If a business had sales of $3,764,000 and a margin of safety of 20%, the break-even point was a. $4,516,800 Ob. $3,011,200 ○ c. c. $6,775,200 Od. $752,800
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