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Author Question: Net sales are: a. gross sales less returns and allowances from customers. b. gross sales less cost ... (Read 111 times)

mspears3

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on: Jun 29, 2018
Net sales are:
 a. gross sales less returns and allowances from customers.
  b. gross sales less cost of goods sold.
  c. profits less cost of goods sold.
  d. cost of goods sold less returns and allowances.
  e. gross margin plus fixed expenses.

Question 2

_____ is (are) the retailer's total sales including sales for cash or for credit.
 a. Gross margin
  b. Operating sales
  c. Return sales
  d. Gross sales
  e. Net sales


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tjayeee

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


mspears3

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  • Posts: 586
Reply 2 on: Jun 29, 2018
Gracias!

AISCAMPING

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Reply 3 on: Yesterday
Excellent

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