Question: Multiple Choice Question 166 Financial information is presented below: Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold $ 41000

Multiple Choice Question 166 Financial information is presented below: Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold $ 41000 5000 9000 162000 93000 The amount of net sales on the income statement would be $148000. $157000 $153000. $162000

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