Formula
Margin of Safety = Actual Sales - Breakeven Sales
Read more about this topic: Margin Of Safety (financial)
Famous quotes containing the word formula:
“Its hard enough to adjust [to the lack of control] in the beginning, says a corporate vice president and single mother. But then you realize that everything keeps changing, so you never regain control. I was just learning to take care of the belly-button stump, when it fell off. I had just learned to make formula really efficiently, when Sarah stopped using it.”
—Anne C. Weisberg (20th century)
“I feel like a white granular mass of amorphous crystalsmy formula appears to be isomeric with Spasmotoxin. My aurochloride precipitates into beautiful prismatic needles. My Platinochloride develops octohedron crystals,with a fine blue florescence. My physiological action is not indifferent. One millionth of a grain injected under the skin of a frog produced instantaneous death accompanied by an orange blossom odor.”
—Lafcadio Hearn (18501904)
“I cannot give you the formula for success, but I can give you the formula for failurewhich is: Try to please everybody.”
—Herbert B. Swope (18821958)