Question
Margin of Safety Jonick Company has sales of $600,000, and the break-even point in sales dollars is $468,000. Determine the company's margin of safety
Margin of Safety Jonick Company has sales of $600,000, and the break-even point in sales dollars is $468,000. Determine the company's margin of safety as a percent of current sales. %
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds
8th edition
978-1259569197
