cost and revenues

Hi all,

I'm really struggling with cost and revenues.
Could anyone please explain the following in idiot version please?
Break Even
Margin of Safety
Margin of Safety %

I have my 4th resist Friday

Many Thanks in advance


  • SherrieMarie
    SherrieMarie Registered Posts: 3
    I am in the exact same position, I do not understand how to work out budgeted breakeven. Did you get anywhere or do you have any useful tips? Also hope you passed your fourth resit!
    Thanks in advance.
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