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How much are the company net sales

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Reference no: EM132082097

Question - A company has provided the following information:

Cash sales

500,000

Credit sales

1,200,000

Selling & administrative expenses

250,000

Sales returns & allowances

100,000

Gross profit

900,000

Increase in accounts receivable

75,000

Bad debt expense

30,000

Sales discounts

50,000

Net income

750,000

How much are the company's net sales?

Reference no: EM132082097

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