Multiple Choice
Dexter Corp.has fixed costs of $500,000 and a contribution margin ratio of 25%.Currently,margin of safety is $1,000,000.What are Dexter's current sales?
A) $1,000,000
B) $2,000,000
C) $3,000,000
D) $4,000,000
Correct Answer:
Verified
Correct Answer:
Verified
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