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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:

"A"

Explanation:

Market enhancement is the process of improving the production line of an existing product in order to increase the value, efficiency and effectiveness giving the product a market leading status and an edge over the rivals and  new entrants.

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7 0
3 years ago
For February, sales revenue is $900,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising e
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Answer:

Option  A

Total selling expenses for the month of February=$245,600

Explanation:

<em>The selling expenses include all the expenditure incurred in respect of activities revolving around the marketing and distribution of goods to the final consumer.</em>

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DATA

Sales revenue -  $900,000;

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Total selling expenses for the month of February

= 45000 +  96,000 + 80,000+ 18000 + 6600  = $245,600

Total selling expenses for the month of February=$245,600

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All electric-powered automobiles such as the chevy spark are in which stage of their product life cycle
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<span> </span>

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To improve its standard of living, a nation’s economy must
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