Net Sales Equals ________

question 138

Multiple Choice

Net sales equals ________.

• A)sales minus cost of goods sold
• B)sales minus sales returns and allowances minus sales discounts
• C)sales divided by net income
• D)net income divided by sales

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Definitions:

Logical Connections

Relationships between ideas or concepts that follow principles of logic, enabling coherent reasoning and understanding.

Vocabulary

The collection of words that a person knows and utilizes in a specific language.

Imagination

The faculty or action of forming new ideas, images, or concepts of external objects not present to the senses.

Guided Participation

A teaching and learning approach where a knowledgeable individual helps a learner engage in meaningful activities.