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A company revealed the following figures: Sales revenue $2,080,000 Contribution margin $520,000 Net operating income $400,000 How much is the company's margin of safety in
A company revealed the following figures:
| Sales revenue | $2,080,000 |
| Contribution margin | $520,000 |
| Net operating income | $400,000 |
How much is the company's margin of safety in dollars?
Multiple Choice
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$1,600,000
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$1,960,000
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$180,000
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$1,560,000
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Wiley CPAexcel Exam Review Focus Notes Auditing And Attestation 2022
Authors: Wiley
1st Edition
111984858X, 978-1119848585
