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Calculate the Net Revenue Requirement based on the following financial information: Minimum Profit Goal: $225,981 last 3-year average revenue $6,068,839.49 last 3-year average direct costs
Calculate the Net Revenue Requirement based on the following financial information: Minimum Profit Goal: $225,981 last 3-year average revenue $6,068,839.49 last 3-year average direct costs $5,377,508.12 last 3-year year average variable overhead $300,161.51 fixed costs: to be determined Last 3-year average profit margin $203,820.91 Note, I've provided last year's financial data so you can establish what your fixed costs have historically been. Use the Minimum Profit Goal to calculate the net revenue requirement
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