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Calculate the Net Revenue Requirement based on the following financial information: Minimum Profit Goal: $201,467 last 3-year average revenue $6.044,485.14 last 3-year average direct costs
Calculate the Net Revenue Requirement based on the following financial information: Minimum Profit Goal: $201,467 last 3-year average revenue $6.044,485.14 last 3-year average direct costs $5,313,986.22 last 3-year year average variable overhead $307,301.46 fixed costs: to be determined Last 3-year average profit margin $240.396.82 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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