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Assume the following information: Amount Per Unit Sales $ 300,000 $ 40 Variable expenses 120,000 16...

Assume the following information:

Amount Per Unit
Sales $ 300,000 $ 40
Variable expenses 120,000 16
Contribution margin 180,000 $ 24
Fixed expenses 60,000
Net operating income $ 120,000


The margin of safety percentage is closest to:

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