Examlex
Please define the following key terms. Show Who? What? Where? When? Why Important?
-Meditations
Unit Sales
The total number of individual items or units that a company sells.
Margin of Safety
The difference between actual sales and sales at the break-even point, indicating the risk level of not covering fixed costs.
Break-Even Sales
The sum of money needed to offset all constant and fluctuating expenses, achieving a financial break-even point with no gains or deficits.
Current Sales
The total revenue generated from sales activities in the most recent accounting period.