Referring to the Following Table,what Is Net Sales Revenue A) $400,000
B) $415,000
C) $425,000
D) $455,000

question 152

Multiple Choice

Referring to the following table,what is Net sales revenue? $$\begin{array} { | r | r | } \hline \text { Sales revenue } & \$ 460,000 \\\hline \text { Cost of goods sold } & 300,000 \\\hline \text { Operating expenses } & 85,000 \\\hline \text { Sales discounts } & 20,000 \\\hline \text { Sales returns and allowances } & 15,000 \\\hline \text { Interest revenue } & 5,000 \\\hline\end{array}$$

• A) $400,000
• B) $415,000
• C) $425,000
• D) $455,000

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Definitions:

Earned

Money obtained in return for labor or services provided.

Public Assistance

Government programs designed to provide financial or other aid to individuals or groups in need.

Permanent Underclass

A segment of the population that experiences persistent poverty and social disadvantages, making upward mobility difficult.

Poverty Line

The minimum level of income deemed necessary to achieve an adequate standard of living in a given country.