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Garces Company offers an unconditional return policy to its customers. During the current period, the company records total sales of $850,000, with a cost of
Garces Company offers an unconditional return policy to its customers. During the current period, the company records total sales of $850,000, with a cost of merchandise to Garces of $340,000. Based on past experience, Garces Company expects 4% of sales to be returned.How much in net sales will Heller Company recognize for the current period?
$360,400
$489,600
$510,000
$816,000
$850,000
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