Margin of safety

R295

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In 30 minutes you will work out the margin of safety in rand and as a percentage of budgeted sales. You will also divide by budgeted sales and recalculate break-even when costs change. And you will judge risk by comparing the cushion with your biggest customer.

SKU: PL-MCB-NUM-40
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Description

Who it’s for: Anyone in business who works with prices, costs, budgets or reports and wants to be sure the numbers are right.

What happens in it: a short film shows a depot, a customer who may leave, and the cushion between the budget and break-even. In Your call you make the decisions in a real case: a delivery branch, a diesel price that jumps, and a customer reviewing its contract. Then, in the boardroom, you make the case to Puleng, the operations director, in three questions.

How it works: five scenes in about 30 minutes: the data film, the lesson, Your call, practice with fresh numbers that mark themselves, and the boardroom. Finish all five for your certificate. It is course 5 of 5 in the Costs and break-even season of the Numbers for Business series.

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