1. Determine net sales if gross sales were $98,656 and customer returns were 4.8%. 2. Net sales were $126,810; customer returns totaled $6,080. Calculate customer returns percent. 3. Gross sales were $236,438; net sales were $224,176. Determine customer return percent.
1. Determine net sales if gross sales were $98,656 and customer returns were 4.8%. 2. Net sales were $126,810; customer returns totaled $6,080. Calculate customer returns percent. 3. Gross sales were $236,438; net sales were $224,176. Determine customer return percent.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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