Business, 10.04.2020 22:13 joannachavez12345
Margin of Safety a. If Canace Company, with a break-even point at $960,000 of sales, has actual sales of $1,200,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales?Round the percentage to the nearest whole number.
a. $240,000
b. 20%
Answers: 3
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