How Do You Calculate Net Sales

question 88

Multiple Choice

How do you calculate net sales?

• A) Add operating expense and interest expense; then subtract from gross sales
• B) Combine the total customer returns, customer sales, and customer allowances
• C) Subtract customer returns from gross sales and add promotional allowances from vendors
• D) Subtract cost of goods sold from gross sales
• E) Subtract gross profits from promotional allowances

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Definitions:

Diagnostic Testing

Medical tests and procedures used to determine the cause of an illness or disorder.

Mobility

The ability to move freely and easily, crucial for performing activities of daily living and enhancing quality of life.

Fecal Impaction

A condition where hard stool becomes stuck in the rectum or colon, making it difficult to have a bowel movement.

Valsalva Maneuver

A technique involving deep breath and then forcibly exhaling while keeping the mouth and nose closed, used in medicine to test heart function and in other applications.