The amount by which a company's sales can decline before losses are incurred is called the:
A. contribution margin.
B. degree of operating leverage.
C. margin of safety.
D. contribution margin ratio.
Answer: C
The amount by which a company's sales can decline before losses are incurred is called the:
A. contribution margin.
B. degree of operating leverage.
C. margin of safety.
D. contribution margin ratio.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.