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Feliz [49]
3 years ago
12

Read the scenario:

Business
1 answer:
Mashcka [7]3 years ago
6 0
Determine how much each month she can afford
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a company's records showed the following for the month of december: sales $9,000; sales returns and allowances $1,000; cost of g
Phantasy [73]

The total of a company's net sales is its gross sales less any returns, allowances, and discounts.

<h3>What is the formula for net sales?</h3>
  • The total income that your company brings in before discounts, returns, and allowances is referred to as gross sales value.
  • The following is the net sales formula.

Net sales = Gross sales – Returns – Allowances – Discounts.

  • Sales made with a debit card, cash, credit card, or trade credit will all be counted toward the total sales.
  • The total number of units sold is multiplied by the price per unit for the purpose of calculating gross sales.
  • Example to illustrate net sales

The net sales will be computed with the formula net sales = gross sales – returns – allowances – discounts. The net sales would be $9000 -  $1000 - $5000 = $3000.

Gross Sales = $9,000

Returns and Allowances = $1000

Discounts =$5000

Net Sales = $3000.

To Learn more About net sales refer to :

brainly.com/question/4177260

#SPJ4

3 0
1 year ago
Lohn Corporation is expected to pay the following dividends over the next four years: $20, $16, $15, and $8.50. Afterward, the c
Vesnalui [34]

Answer:

Current share price=$1.49

Explanation:

The current share price of the stock can be expressed as;

Current share price=D1/(k-g)

where;

D1=Expected annual dividend per share

k=required rate of return

g=growth rate of dividend

In our case;

D1=Average dividend per share=(20+16+15+8.5)/4

D1=59.5/4=$14.875

k=15%

g=5%

Replacing;

Current share price=14.875/(15-5)

Current share price=14.875/10

Current share price=$1.49

7 0
3 years ago
Law or policy that provides specific guidand for department of defense acquisition workforce in ref to ctip
Pachacha [2.7K]

Defense Federal Acquisition Regulation Supplement (DFARS)

3 0
3 years ago
Which of these is not an example of a trade restriction?
kaheart [24]
The answer is D because Quotes, subsidies and Tariffs are trade restriction.
7 0
3 years ago
Which of the following is a job from the past which no longer exists?
klasskru [66]

Answer:

Lamp lighter

Explanation:

Very few exist today as most street lighting has long been replaced by electric lamps.

6 0
3 years ago
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