A company has cash sales of $95,000, credit sales of $280,000, sales returns and allowances of $12,500, and sales discounts of $7,800. Its net sales equal: a. $375,000 b. $354,700 c. $259,700 d. $347,200 e. $392,800
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- Prentice Company had cash sales of $95,275, credit sales of $84,050, sales returns and allowances of $2,100, and sales discounts of $3,875. Prentice's net sales for this period equal: Multiple Choice $175,450 $177,225. $173,350. $179,325. $95,275.D Company had cash sales of $89,275, credit sales of $93,450, sales returns and allowances of $2,750, and sales discounts of $4,205. Calculate D's net sales for this period.A company had cash sales of $54,650, credit sales of $39,320, sale returns and allowances of $8,220, and sales discounts of $5,200. What is the company's net sales for this period?
- Sunburst Electronics reported the following sales information: Cash sales: $82,750 Credit sales: $65,300 Sales returns and allowances: $9,450 Sales discounts: $5,600 Calculate Sunburst Electronics' net sales for this period. a. $133,000 b. $148,050 c. $138,600 d. $143,650 e. $127,400Safety Company had $45,000 in gross sales, $1,200 in sales discounts, $10,000 in cost of goods sold, $5,500 in selling expenses, $600 in sales returns and allowances, and $7,200 in general expenses. What is Safety Company net sales? a.$35,000 b.$43,200 c.$20,500 d.$33,200A company had cash sales of $54,650, credit sales of $39,320, sale returns and allowances of $8,220, and sales discounts of $5,200. What is the company's net sales for this period? Answer this question
- Ulra's net sales are ?Newark Company has provided the following information: • Cash sales, $450,000 Credit sales, $1,350,000. Selling and administrative expenses, $330,000 Sales returns and allowances, $90,000 Gross profit, $1,360,000 Increase in accounts receivable, $55,000 Bad debt expense, $33,000 Sales discounts, $43,000 Net income, $1,030,000 How much are Newark's net sales? $1,800,000. $1,634,000. $1,667,000. $1,745,000.Prince Company had cash sales of $94,900, credit sales of $83,825, sales returns and allowances of $1,950, and sales discounts of $3,725. Prince's net sales for this period equal: