Using the financial information presented below:
-Operating Expenses $55,000
-Sales Returns and Allowances 13,000
-Sales Discount 6,000
-Sales 160,000
-Costs of Goods Sold 77,000
The amount of net sales on the income statement would be?
A. $154,000
B. $160,000
C. $141,000
D. $166,000

Question

04-07-2024
Business

Answered

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Using the financial information presented below:
-Operating Expenses $55,000
-Sales Returns and Allowances 13,000
-Sales Discount 6,000
-Sales 160,000
-Costs of Goods Sold 77,000
The amount of net sales on the income statement would be?
A. $154,000
B. $160,000
C. $141,000
D. $166,000

Sagot :

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Using the financial information presented below:-Operating Expenses $55,000-Sales Returns and Allowances 13,000-Sales Discount 6,000-Sales 160,000 -Costs of Goods Sold 77,000 The amount of net sales on the income statement would be?A. $154,000B. $160,000C. $141,000D. $166,000

Sagot :

Other Questions

Using the financial information presented below:
-Operating Expenses $55,000
-Sales Returns and Allowances 13,000
-Sales Discount 6,000
-Sales 160,000
-Costs of Goods Sold 77,000
The amount of net sales on the income statement would be?
A. $154,000
B. $160,000
C. $141,000
D. $166,000