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What the margin of safety in percentage form is

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Reference no: EM132823468

The following are taken from Green Company's income statement:

Net Income P30,000

Fixed Costs 90,000

Sales 200,000

Contribution Margin Ratio 60%

Problem 1. The company's margin of safety amount is?

Problem 2. The margin of safety in percentage form is?

Reference no: EM132823468

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