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Exercise 1 8 - 1 2 ( Algo ) Target income and margin of safety LO C 2 Assume Hudson has a target income of

Exercise 18-12(Algo) Target income and margin of safety LO C2
Assume Hudson has a target income of $166,000. What amount of sales (in dollars) is needed to produce this target income?
If Hudson achieves its target income, what is its margin of safety (in percent)?

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