Question
Dechon company disclosed the following information for November: Sales $284,000 Contribution margin $99,400 Net operating income $11,800 The company's margin of safety percentage is closest
Dechon company disclosed the following information for November:
| Sales | $284,000 |
|---|---|
| Contribution margin | $99,400 |
| Net operating income | $11,800 |
The company's margin of safety percentage is closest to: (Do not round intermediate calculations.)
Multiple Choice
17.12%
11.87%
5.51%
21.68%
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
