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Arthur Corporation has a margin of safety percentage of 20% based on its actual sales. The break-even point is $400,000 and the variable expenses are
Arthur Corporation has a margin of safety percentage of 20% based on its actual sales. The break-even point is $400,000 and the variable expenses are 50% of sales. Given this information, the actual profit is:
$200,000
$500,000
$50,000
$400,000
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