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Lake Sales had $2,300,000 in sales last month. The contribution margin ratio was 30% and operating profits were $165000 What is Lake's margin of safety
Lake Sales had $2,300,000 in sales last month. The contribution margin ratio was 30% and operating profits were $165000 What is Lake's margin of safety in sales dollars? Multiple Choice $525.000 $550,000 O $2,135.000 Cannot determine with the information given
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