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What was francis margin of safety percentage

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Reference no: EM133534139

Question: Francis' Famous Chocolate Bar Company sells chocolate bars to the students of GBC. Francis buys his chocolate bars for $0.50 from a supplier and sells them for $1. During 2017, Francis sold 100,250 chocolate bars and had fixed costs of 12,000.

Required: For 2017, what was Francis' Margin of Safety Percentage?

Reference no: EM133534139

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