kyleelynraney kyleelynraney
  • 10-05-2024
  • Mathematics
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Consider a company with an operating income of $94,000 and a contribution margin ratio of 76%. What is its margin of safety?

Note: Round the answer to the nearest whole number.

Multiple Choice

$71,440


$123,684


It is not possible to determine the margin of safety from the information provided.


$22,560

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