A company has cash sales of $75,000, credit sales of $320,000, sales returns and allowances of $13,700,
Question:
A company has cash sales of $75,000, credit sales of $320,000, sales returns and allowances of $13,700, and sales discounts of $6,000. Its net sales equal
a. $395,000.
b. $375,300.
c. $300,300.
d. $339,700.
e. $414,700.
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