If a Business Had Sales of $4,000,000 and a Margin

question 60

Multiple Choice

If a business had sales of $4,000,000 and a margin of safety of 25%,what was the break-even point?

• A)$5,000,000
• B)$3,000,000
• C)$12,000,000
• D)$1,000,000

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Definitions:

Offeree

The party to whom an offer is made in a transaction or agreement.

Offeror

The party in a contract negotiation who makes a proposal or offer to another party for entering into an agreement.

Offeree

The person to whom an offer is made, typically in the context of contracts, where the offeree can accept, reject, or counteroffer.

Present Intent

The current intention to perform an act or claim a legal right.