What is net sales revenue, Accounting Basics

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What is net sales revenue

Sales Revenue: 460,000. Cost of goods sold 300,000. operating expenses 85,000. sales discounts 20,000. Sales returns and allowances: 15,000. Interest revenue: 5,000.
1) What is net sales revenue?
2) Assume net sales revenue is 450,000. What is gross profit?

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Accounting Basics: What is net sales revenue

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Accounting Basics: What is net sales revenue

Reference No:- TGS0687017

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Recent Questions Asked Accounting Basics

Q : Explain the lead off event a value

Q : Discuss a variety of tools and industrial equipment

Q : What is the cost of goods sold for this company

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Q : What is net sales revenue

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is net sales revenue

Reference No:- TGS0687017

Recent Questions Asked Accounting Basics

Q : Explain the lead off event a value

Q : Discuss a variety of tools and industrial equipment

Q : What is the cost of goods sold for this company

Q : Calculate markup percentage

Q : What is net sales revenue

Q : Calculate the mean and standard deviation of distribution

Q : Determine the sales dollars required to earn net income

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Q : Credit to accumulated depreciation

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