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Gladstone Company has expected sales of $366,000 for the upcoming month and its monthly break-even sales are $350,000. What is the margin of safety as

Gladstone Company has expected sales of $366,000 for the upcoming month and its monthly break-even sales are $350,000. What is the margin of safety as a percent of sales?

Multiple Choice

4%.

105%.

96%.

196%.

5%.

image text in transcribed

Gladstone Company has expected sales of $366,000 for the upcoming month and its monthly break-even sales are $350,000. What is the margin of safety as a percent of sales? Multiple Choice 4% 105% 96% 196% 5%

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