Henderson Company Below is an income statement for Henderson Company: Sales $400,000...
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Accounting
Henderson Company Below is an income statement for Henderson Company:
| Sales | $400,000 |
| Variable costs | (125,000) |
| Contribution margin | $275,000 |
| Fixed costs | (200,000) |
| Profit before taxes | $ 75,000 |
Refer to Henderson Company. What was Hendersons margin of safety?
Select one:
a. $109,091
b. $75,000
c. $200,000
d. $100,000
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