Acme Company’s variable expense ratio is 75% and the company…
Acme Company’s variable expense ratio is 75% and the company’s break-even point in sales revenue is $675,000. If Acme reports a net operating loss of $12,000, what are its actual sales revenues? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).