Solved

Mercantile Corporation Has Sales of $2,000,000, Variable Costs of $1,100,000

Question 73

Multiple Choice

Mercantile Corporation has sales of $2,000,000, variable costs of $1,100,000, and fixed costs of $750,000.Mercantile's margin of safety ratio is

A) .08.
B) .17.
C) .20.
D) .83.

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