Apple Enterprises projects the following for next year: $$\begin{array} { l l }
\text { Sales } & \$ 300,000 \
\text { Fixed costs } & \$ 100,000 \
\text { After-tax profit } & \$ 12,000 \
\text { Tax rate } & 40 \%
\end{array}$$ What is the firm's margin of safety in revenue?
A) $200,000
B) $20,000
C) $188,000
D) $50,000

Question

Apple Enterprises projects the following for next year: $$\begin{array} { l l } 
\text { Sales } & \$ 300,000 \
\text { Fixed costs } & \$ 100,000 \
\text { After-tax profit } & \$ 12,000 \
\text { Tax rate } & 40 \%
\end{array}$$ What is the firm's margin of safety in revenue?
A) $200,000
B) $20,000
C) $188,000
D) $50,000

Quizplus · Accepted Answer

The Answer of Apple Enterprises projects the following for next year: $$\begin{array} { l l } 
\text { Sales } & \$ 300,000 \
\text { Fixed costs } & \$ 100,000 \
\text { After-tax profit } & \$ 12,000 \
\text { Tax rate } & 40 \%
\end{array}$$ What is the firm's margin of safety in revenue?
A) $200,000
B) $20,000
C) $188,000
D) $50,000

Apple Enterprises Projects the Following for Next Year What Is the Firm's Margin of Safety in Revenue? A)

Apple Enterprises Projects the Following for Next Year What Is the Firm's Margin of Safety in Revenue?
A)