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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%.
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%Step by Step Solution
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