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The amount by which a company's sales can decline before losses are incurred is called the: contribution margin. degree of operating leverage. margin of safety.
The amount by which a company's sales can decline before losses are incurred is called the:
contribution margin. |
degree of operating leverage. |
margin of safety. |
contribution margin ratio.
.
Lovely Corporation has provided the following data concerning its only product:
What is the margin of safety in dollars? |
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