Gladstone Co. has expected sales of $326,000 for the upcoming month and its monthly break even sales
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Question:
Gladstone Co. has expected sales of $326,000 for the upcoming month and its monthly break even sales are $300,000. What is the margin of safety as a percent of sales, rounded to the nearest whole percent?
Multiple Choice
- 52%.
- 8%.
- 92%.
- 108%.
- 9%.
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