A company revealed the following figures: Sales revenue $3,120,000 Contribution margin $520,000 Net operating income...
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Accounting
A company revealed the following figures:
Sales revenue $3,120,000
Contribution margin $520,000
Net operating income $390,000
How much is the company's margin of safety in dollars?
Multiple Choice
- $2,340,000
- $2,990,000
- $2,600,000
- $195,000
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