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Slefit Company has a margin of safety of $57,500 based on its actual sales. Their break-even point is $230,000 and their variable expenses are 50%
Slefit Company has a margin of safety of $57,500 based on its actual sales. Their break-even point is $230,000 and their variable expenses are 50% of sales. There are no taxes. Given this information, their actual operating income is:
Answer choices
$28,750
$287,500
$57,500
$172,500
$115,000
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