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Exercise 6.8 (Algo) Compute the Margin of Safety [LO6-7] Molander Corporation is a distributor of a sun umbrella used at resort hoteis. Data conceming the
Exercise 6.8 (Algo) Compute the Margin of Safety [LO6-7] Molander Corporation is a distributor of a sun umbrella used at resort hoteis. Data conceming the next month's budget appear below: Required: 1 What is the company's margin of safety? (Do not round intermediate colculations.) 2. What is the company's margin of safely as a percentage of its sales? (Round your percentoge answer to 2 decimol places (i.e. 1234 should be entered os 12.34 ).)
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