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atroni [7]
3 years ago
12

Mueller Company sold merchandise costing $120,000 for $240,000. Mueller estimates that merchandise costing $5,000 will be return

ed for a refund of $10,000. Mueller should report net sales of:
Business
1 answer:
Yanka [14]3 years ago
7 0

Answer:

The answer is $230,000

Explanation:

Net sales is the sum of a company's gross(total) sales minus any returned goods, sales allowances and/or discounts. The total amount of revenue on a company's income statement is the net sales.

Gross sales - $240,000

Merchandise returned - $10,000

Net sales = Gross sales - goods returned

$240,000 - $10,000

= $230,000

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Answer:

The correct answer is True.

Explanation:

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There is a relationship between the cost leadership strategy and the possession of a high market share, this is because having a high market share allows the appearance of economies of scale and economies of experience, both contribute to reducing unit costs.

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3 years ago
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Answer:

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7 0
3 years ago
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vazorg [7]

Answer:

B

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6 0
3 years ago
Bill is employed by a company to design and maintain custom software applications used by the company's employees to determine i
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John is the <u>internal customer</u> of Bill.

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4 0
3 years ago
3) Tobi owns a perpetuity that will pay $1,500 a year, starting one year from now. He offers to sell you all of the remaining pa
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Answer:

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