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
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 (NOD) 876,000 Q. The company's margin of safety is $2,190,000, If the company's target NOI is $996,000, how much revenues would the company need to earn? ANS. $
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