Multiple Choice
A soccer match has an audience of 40,000 and 30,000 spectators are required to breakeven. Each ticket costs $40, which of the following best describes the margin of safety:
A) $40,000
B) 10,000 spectators
C) None of the above
D) Both a and b
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: The fixed costs of a swimming pool
Q3: If a product costs $24 and can
Q4: Operational decision making is concerned with:<br>A) Health
Q5: The principal cause of business failure is:<br>A)
Q6: The majority of costs that sport facility
Q7: Businesses need to make a profit in
Q8: Explain what is meant by the breakeven
Q9: Is budgeting an isolated mechanical exercise or
Q10: If a budget does not balance, what
Q11: Consider a sports facility that you are