Author Question: To determine net sales, a retailer should subtract _____ from gross sales. a. inbound freight b. ... (Read 118 times)

pragya sharda

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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

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Answer to Question 1

B

Answer to Question 2

E



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