Majid Corporation sells a product for $145 per unit. The product's current sales are 41,300 units and its break-even sales are 32,625 units. What is the margin of safety in dollars? Multiple Choice $3,736,965 $5,988,500 $4,730,625 $1,257,875
Majid Corporation sells a product for $145 per unit. The product's current sales are 41,300 units and its break-even sales are 32,625 units. What is the margin of safety in dollars? Multiple Choice $3,736,965 $5,988,500 $4,730,625 $1,257,875
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Majid Corporation sells a product for $145 per unit. The product's current sales are 41,300 units and its break-even sales are 32,625 units.
What is the margin of safety in dollars?
Multiple Choice
$3,736,965
$5,988,500
$4,730,625
$1,257,875](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3ec19829-8467-472a-a7fe-1361a438aa58%2F5f5dc0af-3341-4f8c-9963-4bfb790e6b39%2Fq7miy3_processed.png&w=3840&q=75)
Transcribed Image Text:Majid Corporation sells a product for $145 per unit. The product's current sales are 41,300 units and its break-even sales are 32,625 units.
What is the margin of safety in dollars?
Multiple Choice
$3,736,965
$5,988,500
$4,730,625
$1,257,875
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