Question: For the month of February, 2009, Silver’s Spa Supplies had total sales revenue of $92,600. Sales returns were $3,450. Sales discounts totaled $765. Cost of goods sold for the business was $72,338.
[A] Calculate Net Sales for Silver’s Spa Supplies in February?
[B] Calculate Gross Profit for Silver’s Spa Supplies in February?
[C] Calculate the Gross Profit rate for Silver’s Spa Supplies in February?