How to determine the break-even spending month if all I know is the below information. NET REVENUES $17,600,000,000 COST OF SALES ($11,616,000,000) GROSS MARGIN $5,984,000,000 OPERATING EXPENSES Salaries, General & Administrative ($4,752,000,000) Marketing Communications ($352,000,000) TOTAL OPERATING EXPENSES ($5,104,000,000) EBIT $880,000,000
How to determine the break-even spending month if all I know is the below information. NET REVENUES $17,600,000,000 COST OF SALES ($11,616,000,000) GROSS MARGIN $5,984,000,000 OPERATING EXPENSES Salaries, General & Administrative ($4,752,000,000) Marketing Communications ($352,000,000) TOTAL OPERATING EXPENSES ($5,104,000,000) EBIT $880,000,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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How to determine the break-even spending month if all I know is the below information.
NET REVENUES | $17,600,000,000 | ||||
COST OF SALES | ($11,616,000,000) | ||||
GROSS MARGIN | $5,984,000,000 | ||||
OPERATING EXPENSES | |||||
Salaries, General & Administrative | ($4,752,000,000) | ||||
Marketing Communications | ($352,000,000) | ||||
TOTAL OPERATING EXPENSES | ($5,104,000,000) | ||||
EBIT | $880,000,000 |
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