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a. Sold merchandine for eash (cost of merchandise $28,797 ) b. Received merchandise returned by eustoners as unnatisfactory (but in perfoct conditifon), for eash refund

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a. Sold merchandine for eash (cost of merchandise $28,797 ) b. Received merchandise returned by eustoners as unnatisfactory (but in perfoct conditifon), for eash refund (orlginal \$\$51, 200 cost of nerchandise $360 ) c. Sold merchandise (costing 54,750 ) to a customer, on account with terns 2/10, n/30 d. Collected halt of the balance owed by the custother in (e) vithin the discount period e. Granted an allowance to the custoner in (c) Required: 1. Compute Sales Revenue, Net Sales, and Gross Profit for Hair World. 2. Compute the gross profit percentage. (Round your answer to the nearest whole percent.)

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