0
$\begingroup$

I'm doing a research report, and I need to determine a companies assets. So I found their annual report online, and for the assets, it says (in thousands).

One of the rows is:

Net sales $ 26,234,876

How much would that be in thousands?

I know the company I'm researching makes more than 26 million in sales, so 26 million would not be the correct reporting.

$\endgroup$
2
  • 2
    $\begingroup$ It means "26 million thousands". Essentially just take all those values and multiply them by $1000$. So roughly $\$26$ billion in sales. $\endgroup$
    – Kaj Hansen
    Oct 31, 2017 at 23:22
  • $\begingroup$ Thats what I though, just wanted to make sure $\endgroup$
    – David
    Oct 31, 2017 at 23:23

1 Answer 1

1
$\begingroup$

Just multiply the number by a 1000. So the answer is $$26\,234\,876 \times 1000 = 26\,234\,876\, 000.$$ This is approximately 26 billion dollars.

$\endgroup$
2
  • $\begingroup$ ok, thats what I read online too. Just wanted to make sure. Thanks $\endgroup$
    – David
    Oct 31, 2017 at 23:23
  • $\begingroup$ @David No problem. $\endgroup$
    – Eff
    Oct 31, 2017 at 23:24

You must log in to answer this question.

Not the answer you're looking for? Browse other questions tagged .