a.	Sold merchandise for cash (cost of merchandise $26,797).	$47,200
b.	Received merchandise returned by customers as unsatisfactory (but in perfect condition), for cash refund (original cost of merchandise $330).	550
c.	Sold merchandise (costing $4,513) to a customer, on account with terms 2/10, n/30.	9,500
d.	Collected half of the balance owed by the customer in (c) within the discount period.	4,655
e.	Granted a partial allowance relating to credit sales that the customer in (c) had not yet paid	152

Required:

1.

Compute Sales Revenue, Net Sales, and Gross Profit for Hair World.

2.	Compute the gross profit percentage. (Round your answer to 1 decimal place.)(really nee dhtis on)

.	Hair World is considering a contract to sell merchandise to a hair salon chain for $14,500. This merchandise will cost Hair World $9,760. What would be the increase (or decrease) to Hair Worlds gross profit and gross profit percentage? (Round "Gross Profit Percentage" to 1 decimal place.)