If margin of safety is $25000 and budgeted revenue is $45000, then margin of safety in percentage will be
If margin of safety is $25000 and budgeted revenue is $45000, then margin of safety in percentage will be Correct Answer 55.56%
Margin of safety in percentage = Margin of safety ÷ Budgeted revenue × 100= $25000 ÷ $45000 × 100 = 55.56%.