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Use the following information to calculate net sales: Gross Sales, $300,000; Sales Returns and Allowances, $25,800; Sales Discounts, $35,700; Merchandise Inventory, January 1, 2012, $67,100; Merchandise Inventory, December 31, 2012, $52,900; Net Purchases, $89,200; Freight In, $700; Salaries, $81,800; Rent, $16,600; Utilities, $1,125; Insurance, $2,195; and Income Tax, $14,900.
Achieved Status
A status attained by effort.
Acquired Status
A social position that an individual gains through their own efforts, choices, or accomplishments rather than being born into it.
Macroanalysis
Analysis of the whole of society, how it is organized and how it changes.
Social Interactions
The process by which individuals act and react in relation to others, forming the basis of social relationship, structure, and change in society.
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