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Arthur Corporation has a margin of safety percentage of 10% based on its actual sales. The break-even point is $540,000 and the variable expenses are
Arthur Corporation has a margin of safety percentage of 10% based on its actual sales. The break-even point is $540,000 and the variable expenses are 40% of sales. Given this information, the actual profit is:
$540,000
$324,000
$36,000
$600,000
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