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Question 12 Marney's current income statement shows the following: $250,000 $100,000 50,000 Sales revenue Cost of goods sold Variable costs Fixed costs Gross profit Selling
Question 12 Marney's current income statement shows the following: $250,000 $100,000 50,000 Sales revenue Cost of goods sold Variable costs Fixed costs Gross profit Selling and administrative expenses Variable costs Fixed costs Net income 150,000 100,000 25.000 50,000 25,000 $25,000 What is Marney's margin of safety? $25.000 line $100,000 $75,000 $50,000
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