Compute the margin of safety as a percent of current sales
Response to the following problem:
Rejeski Company has sales of $400,000, and the break-even point in sales dollars is $240,000. Determine the company's margin of safety as a percent of current sales.
Provide step by step calculations.
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Rejeski Company has sales of $400,000, and the break-even point in sales dollars is $240,000.
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