Borris Inc. has fixed expenses of $120,000, a variable cost ratio of 70% and a margin of safety ratio of 20% for a quart

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answerhappygod
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Borris Inc. has fixed expenses of $120,000, a variable cost ratio of 70% and a margin of safety ratio of 20% for a quart

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Borris Inc. has fixed expenses of $120,000, a variable cost
ratio of 70% and a margin of safety ratio of 20% for a quarter’s
operations. Compute the company’s profit for the quarter.
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