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8_murik_8 [283]
3 years ago
14

Mcmurtry Corporation sells a product for $170 per unit. The product's current sales are 10,000 units and its break-even sales ar

e 8,100 units. The margin of safety as a percentage of sales is closest to:
Business
1 answer:
Vlad1618 [11]3 years ago
4 0

Answer:

19%

Explanation:

Margin of safety = (Current sales - Break even sales) / Current sales * 100

= (10,000 - 8,100) /10,000 *100

= 1,900 / 10,000 * 100

= 19%

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