7% of 550000 = 7% * 550000 = 0.07 * 550000 = 38500
3% of 550000 = 550000*3/100 = 16500
550000 / 7 = 78,571.42857
It is 550000.
It is 550000.
550,000
220000
110,000
yes
200000
It is: 5.5*105
Budgeted sales = 10000 * 25 = 250000 breakeven sales = 550000 margin of safety = 550000 - 250000 = -300000