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Concord Company has sales of $498000, variable costs of $422000, and fixed costs of $20000. Pharoah Company has sales of $498000, variable costs of $210000,
Concord Company has sales of $498000, variable costs of $422000, and fixed costs of $20000. Pharoah Company has sales of $498000, variable costs of $210000, and fixed costs of $250560. Pharoahs margin of safety ratio is
0.13.
0.27.
0.73.
0.87.
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