FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Margin of Safety
Quick Inc. has sales of $36,400,000, and the break-even point in sales dollars is $24,024,000.
Determine the company's margin of safety as a percent of current sales. Enter your answer as a whole number.
%
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Transcribed Image Text:Margin of Safety Quick Inc. has sales of $36,400,000, and the break-even point in sales dollars is $24,024,000. Determine the company's margin of safety as a percent of current sales. Enter your answer as a whole number. %
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