How much additional revenue must each company generate to recover the losses from the fraud?

Accounting by Geoffrey

The Case of Clever Inc

Clever, Inc., is a car manufacturer. Its 2015 income statement is as follows:

Clever. Inc. Income Statement for the Year Ended December 31, 2016 Sala moor 5204:00

Less cost of goods sold Coals =non Eapansis Nei income

Alexander, Inc, is a car rental agency based in Florida. Its 2015 income statement is as follows:

Alexander. Inc. Income Statement for the Year Ended December 31, 2016

Sala trent.. Events Net Income

S20.COD ISIXO

During 2015, both Clever, Inc., and Alexande , Inc, incurred a $1,000 fraud loss. 

  1. How much additional revenue must each company generate to recover the losses from the fraud?
  2. Why are these amounts different?
  3. Which company will probably have to generate less revenue to recover the losses?