Formula
Margin of Safety = Actual Sales - Breakeven Sales
Read more about this topic: Margin Of Safety (financial)
Famous quotes containing the word formula:
“So, if we must give a general formula applicable to all kinds of soul, we must describe it as the first actuality [entelechy] of a natural organized body.”
—Aristotle (384–323 B.C.)
“I take it that what all men are really after is some form or perhaps only some formula of peace.”
—Joseph Conrad (1857–1924)
“Ideals possess the strange quality that if they were completely realized they would turn into nonsense. One could easily follow a commandment such as “Thou shalt not kill” to the point of dying of starvation; and I might establish the formula that for the proper functioning of the mesh of our ideals, as in the case of a strainer, the holes are just as important as the mesh.”
—Robert Musil (1880–1942)