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How much in net sales will heller company recognize

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Question - Garces Company offers an unconditional return policy to its customers. During the current period, the company records total sales of $850,000, with a cost of merchandise to Garces of $340,000. Based on past experience, Garces Company expects 4% of sales to be returned. How much in net sales will Heller Company recognize for the current period?

$360,400

$489,600

$510,000

$816,000

$850,000

Reference no: EM132140760

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