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Brief Exercise 19-06 For Kosko Company, actual sales are $1,200,000 and break-even sales are $960,000. Compute (a) the margin of safety in dollars and (b)
Brief Exercise 19-06
For Kosko Company, actual sales are $1,200,000 and break-even sales are $960,000. Compute (a) the margin of safety in dollars and (b) the margin of safety ratio.
| Margin of safety | $ | ||
| Margin of safety ratio | % |
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Auditing A Complete Guide Practical Tools For Self Assessment
Authors: Gerardus Blokdyk
1st Edition
0655424571, 978-0655424574
