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Which of the following statements is true? 1. For a capital intensive, automated company the break-even point will tend to be higher and the margin

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Which of the following statements is true? 1. For a capital intensive, automated company the break-even point will tend to be higher and the margin of safety will be lower than for a less capital intensive company with the same sales. 11. The total volume in sales dollars that would be required to attain a given target profit is determined by dividing the target profit by the contribution margin ratio. Multiple Choice Only statement I is true. Only statement II is true. Both statements are true. Neither statement is true

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