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schepotkina [342]
3 years ago
13

A company reported the following amounts at the end of the year total sales revenue = 550000; sales discounts = $12,000; sales r

eturns = $44,000; sales allowances = $17,000. What was the company's net revenues for the year?
Business
1 answer:
Salsk061 [2.6K]3 years ago
7 0

Answer:

$477,000

Explanation:

Computation of the company's net revenues for the year

Using this formula

Net revenues= Total sales - sales discounts- sales return- allowances

Where,

Total sales =$550,000

Sales discounts$12,000

Sales return=$44,000

Allowances=$17,000

Let plug in the formula

Net revenue =$550,000-$12,000-$44,000-$17,000

Net revenue =$477,000

Therefore the Net revenue will be $477,000

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3 years ago
Meredith is a passive 30% member of the MNO LLC. She is not a managing member and she does not participate in any activities of
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Explanation  

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3 years ago
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Keith_Richards [23]

Answer:

a. Misallocation of resources

Explanation:

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2 years ago
Party a has agreed to exchange $1 million u.s. for $1.02 million canadian. what is this agreement called?
Mrrafil [7]

Party A has agreed to exchange $1 million U.S. dollars for1.21 million Canadian dollars. This agreement is called a swap.

<h3>What is swap?</h3>

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Learn more about Swap: brainly.com/question/14990076

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1 year ago
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Lynna [10]

Answer:

Yes.

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