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17 MC Qu. 85 Gladstone Co. has expected sales of... 005 Gladstone Co. has expected sales of $348,000 for the upcoming month a
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Answer #1

Margin of Safety = Sales - Breakeven sales

= 348,000 - 327,500

= 20,500

Margin of Safety percentage = 20,500/348,000

= 6%

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