RAM Auto Parts' CEO wants to obtain additional financing from the company's bank. The banker wants to know the company's margin of safety. If revenues of the company for the current year total $4 million, widgets are sold at $20 per unit, the variable cost per unit is $16, fixed costs are $500,000, how much is the margin of safety? a. 12.5%
B) 80.0%
C) 96.9%
D) 37.5%

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The Answer of RAM Auto Parts' CEO wants to obtain additional financing from the company's bank. The banker wants to know the company's margin of safety. If revenues of the company for the current year total $4 million, widgets are sold at $20 per unit, the variable cost per unit is $16, fixed costs are $500,000, how much is the margin of safety? a. 12.5%
B) 80.0%
C) 96.9%
D) 37.5%

RAM Auto Parts' CEO Wants to Obtain Additional Financing from the Company's