If the profit is 100,000 and the Profit volume ratio is 40% then what will be the margin of safety: a. 250,000 b. 40,000 c. 2,500 d. 400
If the profit is 100,000 and the Profit volume ratio is 40% then what will be the margin of safety: a. 250,000 b. 40,000 c. 2,500 d. 400
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:If the profit is 100,000 and the Profit volume ratio is
40% then what will be the margin of safety:
a. 250,000
b. 40,000
c. 2,500
d. 400
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