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Margin of Safety
The extent to which sales levels can fall before reaching the break-even point, serving as a cushion against financial loss.
Target Profit
The desired net income a firm aims to achieve within a specific time period.
Dollar Sales
The complete income derived from the sale of products or services, measured in units of currency.
Break-even
The point at which total costs and total revenue are equal, resulting in no net loss or gain, and where the business covers all its costs with its sales revenue.
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