Chapter 5, Problem E5B.30E

To determine

Net Sales Revenue:

The sales after the deducting the sales returns and allowance and sales discount is called net sale.

Cost of Goods Sold:

It is the total cost incurred by a business on the goods sold during a particular period of time.

Gross Profit:

The sales revenues left after the deduction of cost of goods sold is called gross profit.

To determine:

Computation of following for Zeta:

a. Net sales revenue

b. Cost of Goods Sold

c. Gross Profit.