Cyan Corporation has provided the following data concerning its only product: Selling price $ 90 per unit Current sales 11,600 units Break-even sales 10,324 units What is the margin of safety in dollars?
Cyan Corporation has provided the following data concerning its only product: Selling price $ 90 per unit Current sales 11,600 units Break-even sales 10,324 units What is the margin of safety in dollars?
Chapter14: Capital Structure Management In Practice
Section14.A: Breakeven Analysis
Problem 7P
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Cyan Corporation has provided the following data concerning its only product:
Selling price | $ 90 per unit |
---|---|
Current sales | 11,600 units |
Break-even sales | 10,324 units |
What is the margin of safety in dollars?
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