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In the following scenario, how much were net sales? Gross sales were $250,000, sales returns and allowances were $10,000 sales discounts were $9,400, cost of
In the following scenario, how much were net sales? Gross sales were $250,000, sales returns and allowances were $10,000 sales discounts were $9,400, cost of goods sold was $103,800, advertising expenses were $17,000, wages and salaries were $53,000, and general and administrative expenses were $29,000. $269,400 $230,600 $240,000 $210,600
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