What is the margin of safety as a percent of sales
Salsa company has fixed costs of $36,000 and a contribution margin ration of 24%. If expected sales are $200,000 , what is the margin of safety as a percent of sales?
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Salsa company has fixed costs of $36,000 and a contribution margin ration of 24%. If expected sales are $200,000 what is the margin of safety as a percent of sales?
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Fran traveled to San Francisco during the year to do volunteer work for one week for the Salvation Army. She normally receives $1,500 salary per week at her job and is planning to deduct the $1,500 as a charitable contribution.
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