The sales and profit for two years are as below: Sales Profit 2019 50000 15000 2020 90000 35000 Calculate Margin of safety at a profit of OMR 30000: Select one: a. OMR 60000 b. OMR 52000 c. OMR 70000 d. OMR 65000
The sales and profit for two years are as below: Sales Profit 2019 50000 15000 2020 90000 35000 Calculate Margin of safety at a profit of OMR 30000: Select one: a. OMR 60000 b. OMR 52000 c. OMR 70000 d. OMR 65000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The sales and profit for two years are as below:
Sales Profit
2019 50000 15000
2020 90000 35000
Calculate Margin of safety at a profit of OMR 30000:
Select one:
a. OMR 60000
b. OMR 52000
c. OMR 70000
d. OMR 65000
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