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The margin of safety in the Flaherty Company is $24,000. If the company's sales are $120,000 and its variable expenses are $80,000, what must its

image text in transcribed The margin of safety in the Flaherty Company is $24,000. If the company's sales are $120,000 and its variable expenses are $80,000, what must its fixed expenses be? Multiple Choice $8,000 $32,000 $24,000 $16,000

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