You work as a sales manager for a home furnishings store. If the store maintains a 26% margin on all items it sells, what minimum monthly sales do they need so that they can just cover their $52,000 per month of operating expenses (e.g. lease, utilities, insurance, salaries)?

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Kanish Bharc
Topic 4 Homework
Close Date: Wed, Sep 29, 2021, 11:59 PM
Question 4 of 15
You work as a sales manager for a home furnishings store. If the store maintains a 26%
margin on all items it sells, what minimum monthly sales do they need so that they can
just cover their $52,000 per month of operating expenses (e.g. lease, utilities, insurance,
salaries)?
$0
->
SAVE PROGRESS
SUBMIT ASSIG
Transcribed Image Text:Kanish Bharc Topic 4 Homework Close Date: Wed, Sep 29, 2021, 11:59 PM Question 4 of 15 You work as a sales manager for a home furnishings store. If the store maintains a 26% margin on all items it sells, what minimum monthly sales do they need so that they can just cover their $52,000 per month of operating expenses (e.g. lease, utilities, insurance, salaries)? $0 -> SAVE PROGRESS SUBMIT ASSIG
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