Examlex
SIMPLE and SEP plans are subject to the same nondiscrimination rules that apply to other retirement plans.
Margin of Safety
This is a financial metric that measures the difference between actual sales and the break-even point, indicating how much sales can decline before a business incurs a loss.
Percentage of Sales
A financial ratio that compares a particular figure or amount to the total sales of a company.
Dollars
The official currency of the United States, also used as a standard monetary unit in many other countries and economic contexts.
Break-Even
The point at which total costs equal total revenue, indicating that a business is neither making a profit nor a loss.
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