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show the steps 5. $ % 100.00% Net Sales Cost of Merch Sold Gross Margin Expenses Net Profit $90,000.00 45.00% 7.50% 6. Gross sales =
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5. $ % 100.00% Net Sales Cost of Merch Sold Gross Margin Expenses Net Profit $90,000.00 45.00% 7.50% 6. Gross sales = $400,000.00, customer returns = $80,000.00, cost of merchandise sold = $128,000.00, expenses = $115,000.00 $ % 100.00% Net Sales Cost of Merch Sold Gross Margin Expenses Net Profit 7. Gross sales were $400,000.00 and customer returns were $60,000.00. Determine the customer return 46: customer return % = 15% 8. Net sales = $330,000.00 and customer returns were 20%. Determine gross sales: gross sales = $ 16,500,000.00 9. The children's department has four salespeople. Calculate the return % for each salesperson and for the total department: Customer Salesperson Gross Sales Returns Net Sales Return % Jason S 7,500.00 $ 1,500.00 Allie $ 6,000.00 $ 900.00 Monica $ 5,500.00 $ 1,100.00 James S 4,500.00 $ 450.00 Total DeptStep by Step Solution
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