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What calculations are use to determine the target revenue figures?
Wiki User
∙ 15y ago
The revenue figure can be achieved by taking the sales goal of it's percentage annual revenue growth and subtact that from the previous year's then dividing that to get the forcast amount. I believe this is the answer... I'm still searching for the right formula to use.
Wiki User
∙ 15y ago
To determine target revenue figures, businesses typically consider factors such as sales goals, pricing strategy, market demand, and historical performance. Calculations may involve forecasting sales volume, multiplying it by average selling price, and adjusting for any known variables affecting revenue. Additionally, businesses may also analyze industry benchmarks and competitors' performance to set realistic revenue targets.
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