Determine net sales for randys spa supplies in, Ask an Expert

Accounting

Q1) For month of February, 2009, Randy's Spa Supplies had total sales revenue of $92,600. Sales returns were $3,450. Sales discounts totaled $765. Cost of goods sold for business was $72,338.

1. Determine Net Sales for Randy's Spa Supplies in February?

2. Compute Gross Profit for Randy's Spa Supplies in February?

3. Determine Gross Profit rate for Randy's Spa Supplies in February?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M920756

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