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Mi-T-M corporation is a manufacturer of high quality industrial equipment including power washers and generators. Current sales are $85,000. Mi-T-M has fixed costs of $20,000.

Mi-T-M corporation is a manufacturer of high quality industrial equipment including power washers and generators. Current sales are $85,000. Mi-T-M has fixed costs of $20,000. The contribution margin ratio for the company is 50%. What is the companys margin of safety?

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