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A company with an operating income of $66,000 and a contribution margin ratio of 46%...

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Accounting

A company with an operating income of $66,000 and a contribution margin ratio of 46% has a margin of safety of: (rounded)

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

$122,222.

$143,478.

$30,360.

Answer & Explanation Solved by verified expert
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