- 9 2010 A Company Had A Gross Profit Of 338 000 Based On Net Sales Of 419 000 Its Cost Of Goods Sold Equals 757 000 T 1 (12.57 KiB) Viewed 54 times
- 9 2010 A Company Had A Gross Profit Of 338 000 Based On Net Sales Of 419 000 Its Cost Of Goods Sold Equals 757 000 T 2 (15.47 KiB) Viewed 54 times
- 9 2010 A Company Had A Gross Profit Of 338 000 Based On Net Sales Of 419 000 Its Cost Of Goods Sold Equals 757 000 T 3 (12.54 KiB) Viewed 54 times
- 9 2010 A Company Had A Gross Profit Of 338 000 Based On Net Sales Of 419 000 Its Cost Of Goods Sold Equals 757 000 T 4 (16.29 KiB) Viewed 54 times
10 A company purchased $10,400 of merchandise on June 15 with terms of 3/10, r/45, and FOB shipping point. On June 20. it returned $1120 of that merchandise. The shipping charges for the purchase totaled $700. On June 24, it paid the balance owed for the merchandise taking any discount it is entitled to. The cash paid on June 24 equals: EMOT Mintiple Choice O O $11,000 $10.820. $8.600 $10,720 $9.303
11 A company had net sales of $378.000 and cost of goods sold of $214,000. Its gross profit equals $164,000. True or Fe True False
Garza Company had sales of $150,200, sales discounts of $2,250, and sales returns of $3,605. Garza Company's net sales equals: Multiple Choice $144,345 $156,055. $147,950 $150.200 $5,855