Multiple Choice
A company has sales of $1,500,000,sales discounts of $102,000,sales returns and allowances of $123,000,shipping charges of $15,000,sales commissions of $34,000,net income totaled $263,500,and cost of goods sold of $420,000.What is the net sales amount for the period?
A) $1,500,000
B) $1,275,000
C) $1,725,000
D) $1,521,000
E) $1,479,000
Correct Answer:
Verified
Correct Answer:
Verified
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