The Margin of Safety in the Flaherty Company Is $24,000

question 14

Multiple Choice

The margin of safety in the Flaherty Company is $24,000.If the company's sales are $120,000 and its variable expenses are $80,000,what must its fixed expenses be?

• A) $8,000.
• B) $32,000.
• C) $24,000.
• D) $16,000.

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Definitions:

Moderate Intellectual Disability

A level of intellectual disability (IQ between 35 and 49) at which people can learn to care for themselves and can benefit from vocational training.

Dyslexia

A learning disorder characterized by difficulties with accurate and/or fluent word recognition, poor spelling, and decoding abilities.

Pronominal Reversal

The incorrect usage or reversal of pronouns, often observed in developmental disorders such as autism.

Echolalia

The repetition of phrases, words, or parts of words by an individual, often part of the communication patterns seen in Autism Spectrum Disorder.