Question
Parsley Corporation is a wholesaler that sells a single product and maintains a stable cost structure. Management has provided the following data. May June July
Parsley Corporation is a wholesaler that sells a single product and maintains a stable cost structure. Management has provided the following data.
May June July
Selling price per unit 176 176 176
Sales units 4,000 7,000 6,000
Net operating income (Loss) 26,700 422,700
Gross margin 450,700 882,700
the best estimate of the margin of safety in july at the sales volume above is:
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Auditing Basics
Authors: 3G E-Learning
1st Edition
1984624261, 978-1984624260
