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(Understanding the income statement) If the Reid Company earned $480,000 in net income, spent $150,000 in cost of goods sold, had $55,000 of general
(Understanding the income statement) If the Reid Company earned $480,000 in net income, spent $150,000 in cost of goods sold, had $55,000 of general and administrative expenses, $45,000 in interest expense, $25,000 in depreciation expenses, and $45,000 in taxes, what was the company's sales revenue? The sales revenue of Reid Company was $ (Round to the nearest dollar.)
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