Calculate the Break-Even Sales When a Business Has Sales of $824,000

question 86

Multiple Choice

Calculate the break-even sales when a business has sales of $824,000 and a margin of safety of 21%.

• A) $584,000
• B) $650,960
• C) $672,100
• D) $710,000

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Definitions:

Sherman Antitrust Act

A landmark federal statute in the United States passed in 1890 to prevent anti-competitive practices, monopoly, and to promote competition.

Federal Legislation

Laws passed by the federal government of a country, which apply to the entire nation and supersede local laws in areas of federal authority.

Restraint of Trade

A legal concept that seeks to enforce reasonable limitations on business practices to encourage competition and prevent monopolies.

Federal Trade Commission Act

A United States federal law established in 1914 to prevent unfair or deceptive business practices, including antitrust violations.