Sales revenue 460000 cost of goods sold 300000 operating

Reference no: EM13582175

Sales Revenue: 460,000. Cost of goods sold 300,000. operating expenses 85,000. sales discounts 20,000. Sales returns and allowances: 15,000. Interest revenue: 5,000.
1) What is net sales revenue?
2) Assume net sales revenue is 450,000. What is gross profit?

Reference no: EM13582175

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