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What the amount of net sales on income statement would be

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Reference no: EM132856633

Financial information is presented below:

Operating expenses$ 49000

Sales returns and allowances 13000

Sales discounts 4000

Sales revenue 156000

Cost of goods sold 93000

Problem 1: The amount of net sales on the income statement would be

Option 1: $143000.

Option 2: $139000.

Option 3: $156000.

Option 4: $152000.

Reference no: EM132856633

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