Garza Company had sales of $135,000, sales discounts of $2,000, and sales returns of $3,200. Garza Company's net sales equals:

A. $129,800.
B. $133,000.
C. $140,200.
D. $5,200.
E. $135,000.


Answer: A

Business

You might also like to view...

Emilyand other users of Facebook and other social networking sites post messages, images, and other materials on these sites. Social media posts are routinely included in discovery in litigation to

a. establish a person's intent. b. establish what a person knew at a particular time. c. reduce damages awards. d. all of the choices.

Business

Trust in business is important because:

A. Stakeholders rely on management to produce shareholder returns B. Management needs to feel confident that employees will carry out organizational objectives C. Management needs to feel confident that those with relationships with the organization do what they say D. Stakeholders need to feel confident that relationships with organizations will be consistent and reliable

Business

Generally, the more restrictive the transaction isolation level, the less the throughput of database processing

Indicate whether the statement is true or false

Business

When the effective-interest method of amortization is used, what happens to interest expense as a bond moves toward maturity?

A. Interest expense rises for bonds sold at either a discount or a premium. B. Interest expense falls for bonds sold at a discount and rises for bonds sold at a premium. C. Interest expense falls for bonds sold at either a discount or a premium. D. Interest expense rises for bonds sold at a discount and falls for bonds sold at a premium.

Business