Hedman Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. The margin of safety percentage is closest to:
A) 75%
B) 1%
C) 6%
D) 24%

Question

Hedman Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.  The margin of safety percentage is closest to:
A) 75% 
B) 1% 
C) 6% 
D) 24%

Quizplus · Accepted Answer

The Answer of Hedman Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.  The margin of safety percentage is closest to:
A) 75% 
B) 1% 
C) 6% 
D) 24%

Hedman Corporation Has Provided the Following Contribution Format Income Statement