Question: Use the data in Short Exercise 5-6 to compute Amazon. corn's (a) net sales revenue (b) gross profit. Exercise 5-6 Suppose Amazon.com sells 1,000 books

Use the data in Short Exercise 5-6 to compute Amazon. corn's

(a) net sales revenue

(b) gross profit.

Exercise 5-6

Suppose Amazon.com sells 1,000 books on account for $$10$ each (cost of these books is $$6,000).$ One hundred of these books (cost, $$600)$ were damaged in shipment, so Amazon later received the damaged goods as sales returns. Then the customer paid the balance within the discount period. Credit terms were 2/15, net 30.

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