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

question 109

Multiple Choice

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

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

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Definitions:

Outstanding

Exceptionally good or conspicuously notable above others.

Price Per Share

The current market value of a company's single share of stock, reflecting the investors' perceptions of its future prospects.

CRM

Customer Relationship Management, a technology for managing all your company's relationships and interactions with current and potential customers.

Customer Service

The assistance and support provided by a company to those people who buy or use its products or services.