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

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Sydnee Medina

Business

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:

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Clyde · Answer 1

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