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

90.2K

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