How the james company has a margin of safety percentage
James Company has a margin of safety percentage of 20% based on its actual sales. The break-even point is $130,000 and the variable expenses are 40% of sales. Given this information, the actual profit is: (Do not round intermediate calculations.)
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Barring any unusual circumstances during the year, the board raises, lowers, or maintains the current dividend once a year and then pays this dividend out in equal quarterly installments to its shareholders.
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