Idaho Corp

question 14

Multiple Choice

Idaho Corp.has fixed costs of $20,000 and a contribution margin ratio of 50%.Currently,sales are $75,000.What is Idaho's margin of safety?

• A)$28,000
• B)$35,000
• C)$42,000
• D)$70,000

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Definitions:

Succession-Planning Initiatives

Strategies and procedures put in place by organizations to identify and develop new leaders to replace old leaders when they leave, retire, or pass away, ensuring continuity.

Organizational Knowledge-Sharing

The process of exchanging information, skills, and expertise within an organization to enhance learning and performance.

Training Professionals

Skilled educators and facilitators who specialize in designing, executing, and assessing training programs.

Knowledge Custodian

An individual or organization responsible for safeguarding, managing, and disseminating specialized knowledge within a specific field or domain.