What is the difference between the contribution margin ratio and the margin of safety ratio?
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What is the difference between the contribution margin ratio and the margin of safety ratio?
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
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The contribution margin ratio expresses the relationship of the c...View the full answer
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