For the fiscal year sales were 8300000 sales discounts were
For the fiscal year, sales were $8,300,000, sales discounts were $100,000, sales returns and allowances were $45,000, and the cost of merchandise sold was $5,000,000.
a. What was the amount of net sales?
b. What was the amount of gross profit?
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selling expense for your distributer ship a well known scientific supply firm average 115 and you have a target return
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for the fiscal year sales were 8300000 sales discounts were 100000 sales returns and allowances were 45000 and the cost
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