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A comment on Back of the Envelope: How to Estimate the Annual Revenues of Any Private Company. Parent comment

Re:Back of the Envelope: How to Estimate the Annual Revenues... by audiomicro on Thursday September 16, 2010 @05:50PM (#1699273)
it's an ESTIMATE! simply adjust upwards for industries where the average salary is over $40k. How about this....ANNUAL REVENUE = NUMBER OF EMPLOYEES X AVERAGE SALARY OF EMPLOYEES X 2.5 . Try it now.
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