Financial Accounting Vista Corp. has sales revenue of $500,000. The cost of goods sold is$300,000, operating expenses are $80,000, sales discounts are $10,000,and sales returns and allowances are $20,000. What is the net salesrevenue?A. $400,000B. $455,000C. $425,000D. $470,000

Step 1: Definition of Net Sales RevenueNet Sales Revenue refers to a company's total revenue from…

Answered: Vista Corp. has sales revenue of…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 29E

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What is the net sales amount?
If gross sales is P40,000, sales returns and allowances P1,000, sales discounts P400, and delivery expenses P100, the net sales of the business will total
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Vista Corp. has sales revenue of $500,000. The cost of goods sold is $300,000, operating expenses are $80,000, sales discounts are $10,000, and sales returns and allowances are $20,000. What is the net sales revenue? A. $400,000 B. $455,000 C. $425,000 D. $470,000