Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. brand appliances had the following revenue over th

Brand Appliances had the following revenue over the past five years (Click the icon to...

50.1K

Verified Solution

Question

Accounting

image

Brand Appliances had the following revenue over the past five years (Click the icon to view the data.) To predict revenues for 2018, Brand Appliances uses the average for the past five years. The company's breakeven revenue is $475,000 per year. What is Brand Appliances's predicted margin of safety for 2018? OA. $475,000 B. $525,000 OC. $100,000 O D. $1,000,000 Data Table 2013 2014 2015 2016 2017 $ 800,000 900,000 1,100,000 1,000,000 1,200,000 Print Done

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

5 Which organelle helps to sort and direct proteins to different sites in the cell...

Biology
1.2K views

List the optic pathway components in order as visual information moves from the retina to...

Geometry
1.2K views

mole of calcium carbonate breaks down into calcium oxide and carbon dioxide based on the...

Accounting
1.2K views

What is capital budgeting? Why are capital budgeting decisions often difficult and risky?Briefly describe the...

Accounting
1.2K views

27. Do tax-exempt organizations pay tax on dividends received from C corporations? Do tax-exempt organizations...

Accounting
1.2K views

Company A manufactures one product and holds no inventory or work in progress. The company...

Accounting
1.2K views

Following data relates to product B52. Transaction Type # of Units Unit Cost ...

Accounting
1.2K views

Arizona Desert Homes (ADH) constructed a new subdivision during 2017 and 2018 under contract with...

Accounting
1.2K views

Moving to the next question prevents changes to this answer. QUE Question 3 points Credit...

Accounting
1.2K views

The following is total monthly budgeted cost and activity information for the four activity centers...

Finance
1.2K views

The current price of a stock is Rs.43.50. Strike price Call premium Put premium 43.30...

Accounting
1.2K views

Production department rates Subassembly Department Final Assembly Department Factory overhead Direct labor hours Production department...