Gladstone Co. has expected sales of $334,000 for the upcoming month and its monthly break even sales
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Question:
Gladstone Co. has expected sales of $334,000 for the upcoming month and its monthly break even sales are $310,000. What is the margin of safety as a percent of sales, round your percentage answer to two decimal places?
7.74%.
107.7%.
192.81%.
7.19%.
92.81%.
Related Book For
Accounting What the Numbers Mean
ISBN: 978-0073527062
9th Edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
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