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Jones Corp. has the following data available: Sales = $200,000 CM RATIO (%) = 20 % Margin of safety in dollars = $80,000 [ at

Jones Corp. has the following data available: Sales = $200,000 CM RATIO (%) = 20 % Margin of safety in dollars = $80,000 [ at the sales level noted above] REQUIRED : Calculate the FIXED COSTS involved. Question 29 options: $16,000 $96,000 $120,000 $24,000 $80,000

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