Mark Smith Company Below Is an Income Statement for Mark

question 43

Multiple Choice

Mark Smith Company Below is an income statement for Mark Smith Company:
$\begin{array}{ll}\text { Sales } & \$ 400,000 \\\text { Variable costs } & (\underline{200,000}) \\\text { Contribution margin } & \$ 200,000 \\\text { Fixed costs } & (\underline{125,000}) \\\text { Profit before taxes }& \underline{\$ 75,000}\end{array}$ Refer to Mark Smith Company.What was the company's margin of safety?

• A)$ 37,500
• B)$ 75,000
• C)$125,000
• D)$150,000

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Definitions:

Result

The output or outcome generated after processing data or executing a block of statements in a program.

Statement

A Statement is an instruction that a programming language can execute, typically expressing some action to be carried out.

Original Element

Refers to the initial or unchanged data or object in a context where alterations might be applied.

Pointer

A variable that stores the memory address of another variable, allowing for indirect access to that variable.