What amount of net sales should it record

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Reference no: EM133392218

Question: Estimating Revenue Recognition with Right of Return

ModCloth Inc. offers an unconditional return policy. It normally expects 2% of sales at retail selling prices to be returned before the return period expires. Assuming ModCloth records total sales of $10 million for the current period, what amount of net sales should it record for this period? $. Answer million

Reference no: EM133392218

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