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Brower Inc. has provided the following data concerning its only product: Required:
Compute the margin of safety in both dollars and as a percentage of sales.
Legal Requirements
Mandates established by law that must be followed by individuals, organizations, or businesses.
Property Dividend
A dividend paid to shareholders in the form of assets other than cash, typically securities or physical assets owned by the company.
Bonds
Fixed-income investments representing a loan made by an investor to a borrower, often corporate or governmental.
Stock Dividend
A dividend paid to shareholders in the form of additional shares of the company's stock, rather than in cash.
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