To Determine Net Sales,a Retailer Should Subtract _____ from Gross

question 66

Multiple Choice

To determine net sales,a retailer should subtract _____ from gross sales.

• A) inbound freight
• B) returns and allowances
• C) goodwill
• D) an account receivable
• E) other expenses

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Definitions:

Family Life Cycle

A series of stages through which a family might pass over time, including marriage, parenthood, and retirement.

Income

The monetary gain derived from wages, salaries, investments, or other sources over a period of time.

Total Fertility Rate

The average number of children a woman is expected to give birth to during her lifetime, based on current birth rates.

Childbearing Years

The period in an individual's life, typically between puberty and menopause, when they are biologically capable of conceiving and bearing children.