Determine the company margin of safety percentage

Assignment Help Accounting Basics

Reference no: EM13134953

The Grant Company has sales of sales of $300,000, and the break-even point in sales dollars if $210,000. Determine the company's margin of safety percentage.

Reference no: EM13134953

Questions Cloud

Define a jack-screw has a handle inches long : A jack-screw has a handle 35 inches long and a pitch of 7/32 inches. If a pull of 15 lbs. is required at the end of the handle to lift a 3,000 lbs.

Cultural considerations are important : Using the patient information provided, respond to the following questions: (a) What cultural considerations are important for you to remember while you interview Ms. Li? (b) What is the Abuse Assessment screen? (c) If abuse is discovered, what shoul..

Technological advances lead to lower demand : Labor is a resource that is necessary to produce many goods. "If the price of labor falls," says the economist, "the price of goods will soon follow." How does this work?

Compute the breakeven points in sales dollars : Compute the breakeven points in sales dollars. If the selling price is increase to $14 per unit and fixed general and administrative expenses are cut $33,465, what will the new breakeven point be in units?

Determine the company margin of safety percentage : The Grant Company has sales of sales of $300,000, and the break-even point in sales dollars if $210,000. Determine the company's margin of safety percentage.

More variation in selling prices of oceanfront homes : The standard deviation was $21,330. At the .01 significance level, can we conclude that there is more variation in the selling prices of the oceanfront homes?

Question regarding poincare model : Poincare's model of Lobachevskian geometry was to say that points of the plane are represented by points in the interior of a circle and lines by both the diameters of the circle and the arcs of circles orthogonal to it. Draw a diagram(s) to illus..

Why would certain figures such as amortization : Why would certain figures such as amortization or impairment of goodwill be different for the IFRs/GAAP adjustment for net income and stockholder's equity?

Research and development costs under ifrs and gaap : Discuss the pros and cons related to research and development costs under IFRS and GAAP. With which approach do you agree? Why?

User Account

All Pages