Palomo Corporation Sells a Product for $170 Per Unit

question 69

Multiple Choice

Palomo Corporation sells a product for $170 per unit. The product's current sales are 35,200 units and its break-even sales are 25,344 units. The margin of safety as a percentage of sales is closest to:

• A)72%
• B)39%
• C)28%
• D)61%

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Definitions:

Advocacy Policies

Initiatives or actions undertaken to support and promote a particular cause or policy idea.

General Public

Refers to the ordinary people in society at large who do not have any special role or position in governmental or specific institutional contexts.

Fraternal Organizations

Groups or societies formed based on common interests, professions, or purposes, often with a focus on mutual aid and community service.

Statewide Nonprofit

A nonprofit organization that operates or provides services across an entire state.