Ask Question
BusinessBusiness
31 January, 23:12

Garza company had sales of $136,200, sales discounts of $2,050, and sales returns of $3,270. garza company's net sales equals:

+4
Answers (1)
  1. 31 January, 23:26
    0
    Net sales is calculated by taking the sales and subtracting any returns, allowances and/or discounts from it. After that, the analysts can use the net sales to show the actual income the business earned for that period.

    Net sales = Sales - Discounts - Allowances - Returns

    Net sales = $136,200 - $2,050 - $3,270

    Net sales = $130,880
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Garza company had sales of $136,200, sales discounts of $2,050, and sales returns of $3,270. garza company's net sales equals: ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which of the following best explains why zoos are not affected by the threat of new entrants? A: Starting a zoo has a high entry cost B: Customers do not have a replacement activities C: Substitutes for attending the zoo are much lower quality D:
Answers (1)
The systematic process of selecting, supporting, and managing a firm's collection of projects is called: Profile management. Heavyweight project management. Project portfolio management. Matrix project organization.
Answers (1)
Suppose a computer virus disables the nation's automatic teller machines, making withdrawals from bank accounts less convenient. as a result, people want to keep more cash on hand, increasing the demand for money.
Answers (1)
You are looking at buying a stock and holding for 3 years. A stock will pay a dividend of $1 in 1 year, a dividend of $2 in 2 years and a dividend of $3 in 3 years. You think you will be able to sell the stock for $75 at that time.
Answers (1)
Miracle Vacuum, Inc., is a private, for-profit corporation that (1) was formed for the purpose of manufacturing and distributing a newly patented appliance, (2) is owned by five shareholders, (3) is subject to double taxation, and (4) has made no
Answers (1)
New Questions in Business
El Tapatio purchased restaurant furniture on September 1, 2021, for $43,000. Residual value at the end of an estimated 10-year service life is expected to be $5,800.
Answers (1)
As you consider the factors of production, which of the following did management theorist Peter Drucker believe to be one of the most important contributing factors to increasing our nation's wealth? a. Landb. Laborc. Knowledged. Capital
Answers (1)
Similarity between labor and entrepreneurship
Answers (1)
The remaining balance on an amortized loan is paid down evenly over the life of the loan. For example, if you borrow $20,000 today on a 60-month amortized loan then your remaining balance reduces by 20,000/60. O True O False
Answers (1)
Dumping is most closely associated with which marketing mix element
Answers (1)
Home » Business » Garza company had sales of $136,200, sales discounts of $2,050, and sales returns of $3,270. garza company's net sales equals:
Sign Up Forgot Password?