Jorgensen Company has sales of $380,000,000, and the break-even point in sales dollars is $323,000,000. Determine Jorgensen Company's margin of safety as a percentage of current sales.
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Margin of Safety = Actual Sales - Break-even Sales Margin of Safety = $380,000,000 - $323,000,000 Margin of Safety = $57,000,000 Show more…
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