Consider the Following Code Snippet: What Is the Output

question 116

Multiple Choice

Consider the following code snippet: What is the output of the given code snippet?

• A)00
• B)31
• C)30
• D)03

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Definitions:

Margin of Safety

The difference between actual or expected sales and sales at the break-even point. It measures how close a company is to not covering its fixed costs.

Break-even Sales

The amount of revenue from sales that exactly covers the fixed and variable costs of producing and selling a product, with no profit or loss.

Pretax Net Income

The amount of money a company has earned before taxes are deducted.

Fixed Costs

Expenses that do not fluctuate with the volume of production or sales, such as rent, salaries, and insurance.