Company R generates $2,400 net operating income. Assume that the company pays $2,000 interests on its debts and 40% taxes on earnings before taxes. Assume that the Net Profit Margin Ratio of Company R is 4.8%, what are the sales (in dollars) of Company R?

Answer rating: 100% (QA)

To find the sales in dollars of Company R we can use t... View the full answer