Author Question: To determine net sales, a retailer should subtract _____ from gross sales. a. inbound freight b. ... (Read 104 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
To determine net sales, a retailer should subtract _____ from gross sales.
 a. inbound freight
  b. returns and allowances
  c. goodwill
  d. an account receivable
  e. other expenses

Question 2

What are adjustments made in the selling price due to customer dissatisfaction with the product or service performance?
 a. Insurance costs
  b. Costs of goods sold
  c. Goodwill
  d. Net sales
  e. Allowances



taylorsonier

  • Sr. Member
  • ****
  • Posts: 377
Answer to Question 1

B

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library