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Which of the following statements is true? 1. Two companies with the same margin of safety in dollars will also huw the same total contribution
Which of the following statements is true? 1. Two companies with the same margin of safety in dollars will also huw the same total contribution margin. II. Fawn Company's margin of safety is $90,000, If the company's sales drop by $90,000, it will still have positive net operating income. Multiple Choice Only stotement I is true. Only statement if is true. Both statements are true. Neithor statement is true
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