On january 1 lake corporation increased its management


On January 1, Lake Corporation increased its management salaries. All other costs and revenues were unchanged. How did this increase affect Lake's break-even point and margin of safety?

Break-even point Margin of safety 

a. Increase Increase

b. Increase Decrease

c. Decrease Decrease

d. Decrease Increase

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Finance Basics: On january 1 lake corporation increased its management
Reference No:- TGS01514211

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