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How much is the company margin of safety in dollars

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Reference no: EM132581094

A company revealed the following figures:

Sales revenue $3,120,000

Contribution margin $520,000

Net operating income $390,000

Question 1: How much is the company's margin of safety in dollars?

Multiple Choice

Option 1: $2,340,000

Option 2: $2,990,000

Option 3: $2,600,000

Option 4: $195,000

Reference no: EM132581094

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