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To: TheXFiles who wrote (24525)10/2/1998 9:30:00 AM
From: Freddie Forte  Respond to of 27968
 
If Randy says we're going to gross about 65 million and not 100 million for 1998 as was stated, I would think he's done some forecasting and number crunching to arrive at this figure. I could do it in 2 seconds. 65 million divided by 12 months equals 5.5 million gross sales per month. Now what were my cost of revenues for each month. Subtract from gross revenues. Wow. Gross profit. Now subtract selling and general expenses. What do you get? Net profit. Wasn't that easy??