If the Reid Company earned $500,000 in net
income, spent $100,000 in cost of goods sold, had $55,000 of general and administrative expenses, $45,000 in interest expense, $30,000 in depreciation expenses, and
$50,000 in taxes, what was the company’s sales revenue?

Question

06-10-2022
Business

Answered

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If the Reid Company earned $500,000 in net
income, spent $100,000 in cost of goods sold, had $55,000 of general and administrative expenses, $45,000 in interest expense, $30,000 in depreciation expenses, and
$50,000 in taxes, what was the company’s sales revenue?

Sagot :

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