What is the margin of safety ratio
Question:
1. Marshall Company had actual sales of $600,000 when break-even sales were $420,000. What is the margin of safety ratio?
(a) 25%.(b) 30%.(c) 331/3%.(d) 45%.
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Marshall Company had actual sales of $600,000 when break-even sales were $420,000. What is the margin of safety ratio?
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