Question

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?

Answer 1

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

Answer 2

Thanks Damon.

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