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20 November, 19:46

Mcmurtry corporation sells a product for $180 per unit. the product's current sales are 12,900 units and its break-even sales are 11,094 units. the margin of safety as a percentage of sales is closest to:

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  1. 20 November, 21:03
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    14%

    Margin of Safety:

    [ (current sales - break even) / current sales] * 100

    (12900-11094) / 12900] * 100

    (1806/12900) * 100

    .14*100 = 14%
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