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During the month of April, a company had the following transactions related to sales: Sold $55,000 of goods for cash Sold 375,000 of goods on
During the month of April, a company had the following transactions related to sales: Sold $55,000 of goods for cash Sold 375,000 of goods on account with terms of 2/10, 1/30 of this amount, customers paid off invoices of $250,000 within 10 days of their purchases Sold $425,000 of goods to customers who used bank credit cards. The merchant foe for these transactions was 3 percent of the purchase Refunded $3,000 to customers who returned products Based on this information, calculate for the month of April the company's (a) total or grous sales revenue. (b) net sales revenue and (c) sites related expenses Show your work, including labels for all numbers used in computations For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)
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