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Question 6 (8.333 points) Homely Depot offers an unconditional return policy to its customers. During the current period, the company records total sales of $900,000,
Question 6 (8.333 points) Homely Depot offers an unconditional return policy to its customers. During the current period, the company records total sales of $900,000, with a cost of merchandise to Homely of $300,000. Based on past experience, Homely Depot expects 3% of sales to be returned. How much in net sales will Homely Depot recognize for the current period? A) $27,000 B) $927,000 OC) $659,000 D) $873,000
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