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Baxter company has sales revenue of $800,000 in the month of June 2016. The variable costs for the month are $600,000 and total costs
Baxter company has sales revenue of $800,000 in the month of June 2016. The variable costs for the month are $600,000 and total costs are $776,000. What is the margin of safety ratio of the company for the month of June 2016? a. 11% b. 12% c. 15% d. 10%
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Intermediate Accounting
Authors: David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
8th edition
978-1259997525, 1259997529, 978-1259548185
