What does it mean to have a margin of safety of 20%?

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Managerial Accounting

ISBN: 9781260193275

12th Canadian Edition

Authors: Ray H. Garrison, Alan Webb, Theresa Libby

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Question Posted: Feb 17, 2023 04:59 AM

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What does it mean to have a margin of safety of 20%?

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A margin of safety of 20 means that the breakeven l...View the full answer

Managerial Accounting

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