Use an Income Statement as a template and work backwords from Net Income. Make sure whether or not the problem asks to disregard taxes or not. I guess a simple version would look something like this.
Sales ???????
COGS 100,000
Op Exp 70,000
Taxes 40,000
NI 25,000
I assume this is for an accounting class?How do I find needed sales for a projected net income given all information?
Hi Louie, were u able to solve this question? i have the exact same question now and have no clue. i realize that it was a year ago.. but still.. lemme know then..:)
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