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Given gross sales of $40,000 and sales returns and allowances of $6,000, what are the net sales?

mrb0714

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Posts: 123

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3 months ago

Given gross sales of $40,000 and sales returns and allowances of $6,000, what are the net sales?

Given gross sales of $40,000 and sales returns and allowances of $6,000, what are the net sales?

▸

$50,000

▸

$46,000

▸

$34,500

▸

$34,000

▸

None of the answer choices are correct.

Textbook

Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

Read 20 times

1 Reply

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penmc

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Related Topics

Solved Net sales is computed by taking:
Solved Net Sales are: (Multiple Choice)
Solved Net Sales + Sales Discounts + Sales Returns and Allowances equals:
Solved Net sales equal: (Multiple Choice)
Solved B&B Lumber reports gross sales of $80,000. If sales returns and allowances are $20,000 and sales ...
Solved Net Sales equals Gross Sales - Sales Returns and Allowances - Accounts Receivable.
Solved Net Income equals: (Multiple Choice)
Solved Sales revenue minus sales returns and allowances and sales discounts equals:

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mrb0714 Author

wrote...

3 months ago

this is exactly what I needed

gmiannotti

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Yesterday

Thanks for your help!!

hpascoe

wrote...

2 hours ago

Thanks

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