The University of New England Careers Expo is attended by over 122 businesses and includes the likes of NewsCorp, Pricewaterhouse Coopers, Microsoft, BP, Fox and many other regional and international brand icons. Co-ordinated event programs between the University and the Expo Sponsors /attendees.
The margin of Safety Define as The margin of safety is the excess of budgeted or actual sales dollars or units over break-even volume of sale dollars or units. We can calculate Margin of safety in dollars and Units.
A good financial manager should know the different levels of sales that can be good or harmful to a business. Margin of safety is a managerial accounting tool that helps financial managers know how much sales can decrease before a company hits its breakeven point. Making business decisions regarding sales without using this tool can put your business in the red.