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Heller 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
Heller 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 Heller of $340,000. Based on past experience, Heller Company expects 4% of sales to be returned. How much in net sales will Heller Company recognize for the current period?
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