Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Asago Co. sold $18,250 of merchandise to Health Co. on account, with terms 2/15, net 45. The cost of the merchandise sold was $14,600. Health
Asago Co. sold $18,250 of merchandise to Health Co. on account, with terms 2/15, net 45. The cost of the merchandise sold was $14,600. Health Co. returned $2,100 for merchandise that originally cost $1,630. Asago credited this return to Health Co.'s account, which Health Co. paid in full within the discount period. What is the amount of net sales from the above transaction? Round your answer to the nearest whole number; do not use a "$" in your answer. Your
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started