Royalty Statement Period Ending: Author: Units Sold Gross Units Sold No. of Returns Percent Returned Pricing Retail Price Standard Discount Rate Price to Bookstore Net Retail Sales Royalty Information Royalty Rates Royalty to Author Royalty per Book Jacobs Hardback 1500 324 25 0.55 0.0725 Paperback 12492 200 5.95 0.5 0.1 Complete the spreadsheet and format it. It's up to you to decide what makes sense based on the information in the file

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Royalty Statement
Period Ending:
Author:
Units Sold
Gross Units Sold
No. of Returns
Percent Returned
Pricing
Retail Price
Standard Discount Rate
Price to Bookstore
Net Retail Sales
Royalty Information
Royalty Rates
Royalty to Author
Royalty per Book
Jacobs
Hardback
1500
324
25
0.55
0.0725
Paperback
12492
200
5.95
0.5
0.1
Complete the spreadsheet and format it. It's up to you to decide what makes sense based on the information in the
file.
"1
Transcribed Image Text:Royalty Statement Period Ending: Author: Units Sold Gross Units Sold No. of Returns Percent Returned Pricing Retail Price Standard Discount Rate Price to Bookstore Net Retail Sales Royalty Information Royalty Rates Royalty to Author Royalty per Book Jacobs Hardback 1500 324 25 0.55 0.0725 Paperback 12492 200 5.95 0.5 0.1 Complete the spreadsheet and format it. It's up to you to decide what makes sense based on the information in the file. "1
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