Question
If we were forced to write off $75,000 in bad debt due to a customer not paying their bill, what would be the necessary sales
If we were forced to write off $75,000 in bad debt due to a customer not paying their bill, what would be the necessary sales to make up for that loss if our net profit on sales equals 3% and our fixed costs equal 3% of sales?
| "($10,000.00)" | ||
| "($9,000.00)" | ||
| "($7,648.00)" | ||
| "($7,648.00)" | ||
| "($6,896.62)" | ||
| "($2,775.00)" | ||
| $0.00 | ||
| $6.00 | ||
| $7.25 | ||
| $8.50 | ||
| $175.00 | ||
| $200.00 | ||
| "$1,130.85 " | ||
| "$1,234.91 " | ||
| "$1,600.00 " | ||
| "$2,775.00 " | ||
| "$6,896.62 " | ||
| "$7,648.00 " | ||
| "$9,000.00 " | ||
| "$10,000.00 " | ||
| "$11,000.00 " | ||
| "$11,200.00 " | ||
| "$11,225.00 " | ||
| "$11,725.00 " | ||
| "$14,625.00 " | ||
| "$15,225.00 " | ||
| "$16,000.00 " | ||
| "$16,655.00 " | ||
| "$36,525.00 " | ||
| "$37,575.00 " | ||
| "$38,175.00 " | ||
| "$39,925.00 " | ||
| "$40,525.00 " | ||
| "$75,000.00 " | ||
| "$385,112.87 " | ||
| "$852,222.81 " | ||
| "$922,348.77 " | ||
| "$976,559.44 " | ||
| "$1,071,428.57 " | ||
| "$1,250,000.00 " | ||
| "$8,500,000.00 " | ||
| "$15,700,000.00 " | ||
| "$22,400,000.00 " | ||
| "$31,600,000.00 " | ||
| "$52,400,000.00 " | ||
| "$62,800,000.00 " | ||
| "$82,200,000.00 " |
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Financial Management Core Concepts
Authors: Raymond Brooks
4th Edition
134730417, 134730410, 978-0134730417
