Math

You are told that a company has a 20% profit margin, and the discovered fraud has caused $1,400,000 more needed revenue to cover the fraud. how much was stolen?

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  1. 20% of 1,400,000 = .2*1,400,000 =2*140,000 = 280,000

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  2. Thanks Damon.

    My computation was
    ($1,400,000 * 0.20) + ($1,400,000) = $1680000

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