PcM | Evaluating a Firm's Financial Metrics [Exercise A]

Real-World Practice
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Property 1=PcM Evaluating a Firm’s Financial Metrics [Exercise A]

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Day 18 - Evaluating a Firm’s Financial Metrics [Exercise A] - Question 5

Not sure how the target revenue per month was arrived. Please explain. Thank you.

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Great question @BlueBeacon001! According to the Profit-Loss Statement, the year-to-date budget for revenue is $397,500 at the end of June. In other words, $397,500 is the target revenue for a 6-month period. Therefore, $397,500 / 6 months = $66,250 target revenue per month.

Hope this helps!

Kiara Galicinao, AIA, NCARB
Product Coordinator
Black Spectacles