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2. Calculate the break-even sales when a business has sales of $824,000 and a margin of safety of 21% a. S584,000 b. $650,960 c. S672,100

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2. Calculate the break-even sales when a business has sales of $824,000 and a margin of safety of 21% a. S584,000 b. $650,960 c. S672,100 d. $710,000 3. A company's profit margin is 15.5%, its asset turnover 0.72, and its financial leverage is 3.25. Determine the company's return on shareholders' equity. a. 42.5% b. 36.3% c. 51.7% d. 28.4%

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