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A company's income statement is as follows: Revenues $8.786,000 Cost of Goods Sold 5,800,000 Gross Margin 2,986,000 Sell
Posted: Wed Mar 09, 2022 8:23 am
by answerhappygod
- A Company S Income Statement Is As Follows Revenues 8 786 000 Cost Of Goods Sold 5 800 000 Gross Margin 2 986 000 Sell 1 (21.28 KiB) Viewed 35 times
A
company's income
statement is as follows: Revenues $8.786,000 Cost of Goods Sold 5,800,000 Gross Margin 2,986,000 Selling Expenses 1.260,000 Administrative Expenses 850,000 Net Operating Income (NOI) 876,000 Q. The
company's margin of safety is $2,190,000. If the
company's target Nol is $996,000, how much revenues would the
company need to earn? ANS. $