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How much in net sales will heller company recognize

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Problem - Heller 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 Heller of $340,000. Based on past experience, Heller Company expects 4% of sales to be returned. How much in net sales will Heller Company recognize for the current period?

A) $850,000

B) $360,400

C) $816,000

D) $489,600

E) $510,000

Reference no: EM132860342

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