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Old Canadian Company has sales of $500,000, variable costs of $425,000, and fixed costs of $25,000. New World Company has sales of $500,000, variable costs
Old Canadian Company has sales of $500,000, variable costs of $425,000, and fixed costs of $25,000. New World Company has sales of $500,000, variable costs of $200,000, and fixed costs of $250,000. New Worlds margin of safety ratio is a. 0.7 b. 0.33 c. 0.17 d. 0.83
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