Henderson Co

question 78

Multiple Choice

Henderson Co.has fixed costs of $36,000 and a contribution margin ratio of 24%.If expected sales are $200,000,what is the margin of safety as a percent of sales?

• A)6%.
• B)25%.
• C)33%.
• D)50%.
• E)75%.

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Definitions:

Quantifiable

Capable of being measured or expressed as a numerical value.

Adaptive Radiation

The evolutionary process where organisms rapidly diversify into a multitude of new forms, particularly when a change in the environment makes new resources available.

Beetle Lineage

The evolutionary history and classification of beetles, a diverse group of insects with a hard exoskeleton and over 350,000 species.

Hard Shells

Rigid external coverings that provide protection to the bodies of certain animals, like mollusks and turtles.