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Xiong Corporation makes a product that sells for $130 per unit. The product's current sales are 14,000 units and its break-even sales are 10,220 units.
Required:
Compute the margin of safety in both dollars and as a percentage of sales.
Probability
This refers to the likelihood or chance of a particular event happening, usually expressed as a number between 0 (impossible) and 1 (certain).
Environmental Issues
Various concerns related to the deterioration of the environment, including pollution, global warming, and deforestation.
Eligible Voter
An individual who meets the criteria determined by law or policy to vote in an election.
Probability
The estimation of how probable an event is, marked by a number from 0 to 1.
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