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

Reset to default
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

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.