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Dech-26405 company disclosed the following information for November: Sales $408,000Contribution margin$108,800Net operating income$20,900 The company's margin of safety as a percentage of its sales is
Dech-26405 company disclosed the following information for November:
Sales $408,000Contribution margin$108,800Net operating income$20,900
The company's margin of safety as a percentage of its sales is closest to:
Multiple Choice
24.46%
29.02%
19.21%
12.85%
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