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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 Selling Expenses 1.260,000 Administrative Expenses 850,000 Net Operating

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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 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. $

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