Answered: margin of safety

Business

Accounting

margin of safety

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Selling price per unit 14 current sales 25,249 break – even sales 20,735 Compute the margin of safety in dollars. Enter only the amount of the margin of safety in the box provided below. Enter the amount only do not enter letters, words, dollar signs, or the calculation.

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