A Margin of Safety of 30% Means That Every Dollar

question 66

True/False

A margin of safety of 30% means that every dollar in revenue generates thirty cents in profit.

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Definitions:

Functional Autonomy

A concept by Gordon Allport suggesting that some behaviors become goals in themselves, independent of their original motives.

Criteria

Standards or principles used to make judgments, decisions, or to evaluate the characteristics of something.

Mental Health

A level of psychological well-being, or an absence of mental illness.

Allport

Gordon Allport was a pioneering psychologist who focused on the study of personality and individual traits, introducing the concept of personal dispositions.