Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Gladstone Co. has expected soles of $356,000 for the upcoming month and Its monthly break oven sales are $337,500. What is the margin of safety

image text in transcribed
Gladstone Co. has expected soles of $356,000 for the upcoming month and Its monthly break oven sales are $337,500. What is the margin of safety as a percent of sales, round your percentage answer to two decimal places? 5.48% 105.5%. 194 80%. 5 20%. 94.80%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditors Guide To Information Systems Auditing

Authors: Richard E. Cascarino

1st Edition

0470009896, 978-0470009895

More Books

Students also viewed these Accounting questions

Question

Which is smallest? a . . 0 8 b . . 0 8 c . 0 0 8 d . . 8 0

Answered: 1 week ago

Question

b. Why were these values considered important?

Answered: 1 week ago