Accounting MCQ
Accounting Chapter 5
The following is last month's contribution format income statement: What is the company's margin of safety percentage to the nearest whole percent?
The following is last month's contribution format income statement: What is the company's margin of safety percentage to the nearest whole percent?
The following is last month's contribution format income statement: What is the company's margin of safety percentage to the nearest whole percent?
A. 42%
B. 40%
C. 17%
D. 20%
Answer: B
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