1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
melamori03 [73]
3 years ago
15

According to the textbook readings, If gross sales for the shoe department for spring were $2,675,000 and the reductions taken w

ere $1,284,000, what are the net sales?
Business
1 answer:
gladu [14]3 years ago
5 0

Answer:

Net sales= $1,391,000

Explanation:

Net sales of an organisation is total sales less deductions made during sales process. The deductions includes sales discounts given to customers, returns from customers for various reasons (defects, specifications not met), and allowances (customer willing to pay less for a defective product).

Therefore

Net sale= Gross sale - Deductions

Net sales= 2,675,000- 1,284,000

Net sales= $1,391,000

You might be interested in
What effect might the government have on​ oligopolies? In​ oligopolies, the government might A. promote competition with a paten
fenix001 [56]

Answer:

C. impose barriers to entry with a​ copyright, which allows only the government to supply a good or service.

Explanation:

  • The oligopolies is a market or industry where there exist small but large sellers and hence form an market competition and hence lead to higher prices to the consumers. As they have their market structures. Entry barriers include high investment and strong consumer liabilities.'
  • Thus governments can set barriers to entry of these firm as to market only those goods and services that the government recommend fit for the sales
3 0
3 years ago
Peggy Grey's Cookies has net income of $400. The firm pays out 30 percent of the net income to its shareholders as dividends. Du
andreev551 [17]

Answer:

Cash flow = $35

Explanation:

Cash flow= Payout ratio*net income-price of stock= 0.30*400-85=35

3 0
3 years ago
State the purpose of footing the total column in the​ client's accounts receivable trial​ balance, tracing individual customer n
Pani-rosa [81]
No se y ni me importa
7 0
3 years ago
Longstreet inc. has fixed operating costs of $470,000, variable costs of $2.80 per unit produced, and its product sells for $4.0
vovangra [49]
The answer is 391 667 
I think it is right so be sure to check just in case
good luck
3 0
3 years ago
A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the
SCORPION-xisa [38]

Answer:

b. a discount.

Explanation:

A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the seller is called __a discount._______.

4 0
3 years ago
Other questions:
  • If 99 million people are working and 1 million are unemployed but actively seeking work, then the unemployment rate is ________.
    14·1 answer
  • Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 10%. Its expe
    15·1 answer
  • Jingfei, an employee of Chinese origin, works as a sales representative at Global Recyclers International. Her supervisor, Ralph
    9·1 answer
  • Que elementos pueden faltar a la nacion
    9·1 answer
  • Suppose you make 30 annual investments in a fund that pays 3% compounded annually. If your first deposit is $6,000 and each succ
    5·2 answers
  • Flexible Budget for Selling and Administrative Expenses for a Service Company Cloud Productivity Inc. uses flexible budgets that
    9·1 answer
  • Jones Company issued $500,000 of 5%, 10-year bonds payable at a price of 92. The market interest rate on the date of issuance wa
    10·1 answer
  • Klaus, a German citizen and non-resident for US tax purposes, owns a small business in New York City that imports and sells acce
    12·1 answer
  • Economic growth theory originated about 60 years ago as a result of contributions by: a. adam smith. b. david ricardo. c. ben be
    13·1 answer
  • A good percentage to start with for saving is ________________ percent of your teaching income.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!