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  3. 2) fixed selling and administrative costs total $1

2) fixed selling and administrative costs total $10,500. The corporate income tax rate 2) Explain...

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Accounting

2) fixed selling and administrative costs total $10,500. The corporate income tax rate 2) Explain the concept of margin safety and operating leverage. How do they affected in a recessionary environment? What should the company do to avert any losses on breakeven sales? (40 marks)

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