Actual net income for the current period

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Reference no: EM131259921

For the current period, Kelly corporation has a margin of safety to 25% of its current actual sales. Given the following information, determine the actual net income for the current period.

break-even sales...................$300000

Variable Cost Ratio............45%

Actual Net Income for the current period would be closest to:

A. $55000

B. $ 495000

C. $45000

D. $210000

E. NONE OF THE ABOVE

Reference no: EM131259921

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