Jonick Inc. has sales of $ 740,000, and the break-even point in sales dollars is $ 547,000.

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Jonick Inc. has sales of $ 740,000, and the break-even point in sales dollars is $ 547,000. Determine the company’s margin of safety as a percent of current sales.

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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Question Posted: Apr 19, 2021 12:49 AM

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Jonick Inc. has sales of $ 740,000, and the break-even point in sales dollars is $ 547,000.

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Accounting

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