Question: Asslanments: s 2 5 - ECON 0 0 7 6 1 ( i ) feved Help Seve 8 fint Submit Which of the following statements

Asslanments: s25-ECON 00761
(i)
feved
Help
Seve 8 fint
Submit
Which of the following statements is true?
The margin of safety is the amount by which sales can decrease before losses are incurred by the company.
The margin of safety percentage is equal to the margin of safety in dollars divided by total contribution margin.
Multiple Choice
Only statement 1 is true.
Only statement 2 is true.
Both statements are true.
Neither statement is true.
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Asslanments: s 2 5 - ECON 0 0 7 6 1 ( i ) feved

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