Compute the margin of safety in dollars and the margin of safety ratio
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Question
For Kozy Company, actual sales are $1,155,000 and break-even sales are $785,400.
Compute the margin of safety in dollars and the margin of safety ratio.
Compute the margin of safety in dollars and the margin of safety ratio.
| Margin of safety |
$
 |
||
| Margin of safety ratio |
|
% |
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