Mercantile Corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of $900,000. Mercantile's margin of safety ratio is 15. .25. 33. .75.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Mercantile Corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of $900,000.
3
Mercantile's margin of safety ratio is
O.15.
.25.
.33.
.75.
a
$
4
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myCayote
do L
%
5
A
MacBook Pro
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7
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Transcribed Image Text:Mercantile Corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of $900,000. 3 Mercantile's margin of safety ratio is O.15. .25. .33. .75. a $ 4 ņ myCayote do L % 5 A MacBook Pro < 6 T22120- & 7 W P * 8 s Œ a Ó
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