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26 August, 12:50

Garza company had sales of $136,200, sales discounts of $2,050, and sales returns of $3,270. garza company's net sales equals:

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  1. 26 August, 14:02
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    Net sales is calculated by taking the sales and subtracting any returns, allowances and/or discounts from it. After that, the analysts can use the net sales to show the actual income the business earned for that period.

    Net sales = Sales - Discounts - Allowances - Returns

    Net sales = $136,200 - $2,050 - $3,270

    Net sales = $130,880
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