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A company with an operating income of $92,000 and a contribution margin ratio of 74% has a margin of safety of: (rounded)
Choose Correct Answer Below:
$68,080.
$124,324.
$353,846.
It is not possible to determine the margin of safety from the information provided.
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A company with an operating income of $92,000 and a contribution margin ratio of 74% has a margin of...
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