The Following Is Last Month's Contribution Format Income Statement

question 100

Multiple Choice

The following is last month's contribution format income statement:
What is the company's margin of safety percentage,rounded to the nearest whole percent?

• A) 42%.
• B) 40%.
• C) 17%.
• D) 20%.

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Definitions:

Buffered

A solution's capacity to resist changes in pH when acids or bases are added.

Polar Solvents

Substances that have a partial positive and partial negative charge, making them effective at dissolving ionic and other polar substances.

Ions

Atoms or molecules with a net electrical charge due to the loss or gain of one or more electrons.

Gases

Substances that can expand freely to fill any space available, irrespective of its quantity.