Question
Matthew's Fish Fry has a monthly target operating income of $8300. Variable expenses are 80% of sales and monthly xed expenses are $800. What is
Matthew's Fish Fry has a monthly target operating income of $8300. Variable expenses are 80% of sales and monthly xed expenses are $800. What is the monthly margin of safety as a percentage of target sales in dollars?
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Law, Business And Society
Authors: Tony McAdams, Kiren Dosanjh Zucker, Kristofer Neslund, Kari Smoker
12th Edition
1259721884, 978-1259721885
