Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. parker company has provided the following data for

Parker Company has provided the following data for the most recent year: net operating income,...

50.1K

Verified Solution

Question

Accounting

Parker Company has provided the following data for the most recent year: net operating income, $35,100; fixed expense, $100,100; sales, $208,000; and CM ratio, 65%. The companys margin of safety in dollars is:

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Mechanical Engineering
1.2K views

I need to write an essay about the following: Suppose you are in job interview of...

General Management
1.2K views

1. using the ____ method of evaluating the firm, cash flow is adjusted for the time...

Physics
1.2K views

39 If power consumptions in R R R3 are the same then what will be...

Basic Math
1.2K views

Find the critical value(s) for a left-tailed z-test with ? = 0.08. Include a graph...

Statistics
1.2K views

The data shown below represent the repair cost for a low impact collision in a...

Calculus
1.2K views

If an industry invests x thousand labor hours 11 x 21 and Sy million 1...

Algebra
1.2K views

Which value for the two classes is the same Class B Class A OA IQR...

Accounting
1.2K views

Your client is a regional motel chain. It owns 27 properties in your region and...

Accounting
1.2K views

you have decided to start a business. whatbwill you sell? Identify the three forms of...

Accounting
1.2K views

Carson Cutlery (the company) is being assessed by the independent ABC agency for potential acquisition....

Accounting
1.2K views

Aretha Foster, single, is marketing director for The Canterbury Community, a senior living center. She...

Accounting
1.2K views

Minicase Minicase ...