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Home Q & A Board Other Fields Homework Help Business Accounting
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cjr4808 cjr4808
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A year ago

Which of the following statements is true?

  1. Two companies with the same margin of safety in dollars will also have the same total contribution margin.
  2. Fawn Company's margin of safety is $90,000. If the company's sales drop by $80,000, it will still have positive net operating income.


▸ Only statement I is true.

▸ Only statement II is true.

▸ Both statements are true.

▸ Neither statement is true.
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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ttoe81ttoe81
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#1
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A year ago
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cjr4808 Author
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A year ago
Helped a lot
africa143
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Yesterday
Brilliant ツ
rhockeygirl
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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