subject
Business, 06.04.2020 18:06 Student3220

Tian Company has provided the following information:

Cash sales, $450,000
Credit sales, $1,350,000
Selling and administrative expenses, $330,000
Sales returns and allowances, $90,000
Gross profit, $1,360,000
Increase in accounts receivable, $55,000
Bad debt expense, $33,000
Sales discounts, $43,000
Net income, $1,030,000

How much are Tian's net sales?

A. $307,000.
B. $252,000.
C. $440,000.
D. $340,000.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 12:30
land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)
Answers: 1
question
Business, 22.06.2019 14:30
Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?
Answers: 1
question
Business, 22.06.2019 14:30
The face of a company is often that of the lowest paid employees who meet the customers. select one: true false
Answers: 1
question
Business, 23.06.2019 02:00
How much more output does the $18 trillion u.s. economy produce when gdp increases by 3.0 percen?
Answers: 1
You know the right answer?
Tian Company has provided the following information:

Cash sales, $450,000
Credit...
Questions
question
Mathematics, 16.10.2021 16:50
Questions on the website: 13722361