Heller company offers an unconditional return policy to its customers. during the current period, the company records total sales of $850,000, with a cost of merchandise to heller of $340,000. based on past experience, heller company expects 4% of sales to be returned. how much in net sales will heller company recognize for the current period?
a. $510,000
b. $816,000
c. $489,600
d. $360,400
e. $850,000

B. $816,000

Explanation:

The computation of the net sales is shown below:

= Total sales - sales returned amount

where,

Total sales is $850,000

And, the sales returned amount would be

= Total sales amount × sales returned percentage

= $850,000 × 4%

= $34,000

Now put these values to the above formula

So, the value would be equal to

= $850,000 - $34,000

= $816,000

they allow producers to sell their products more cheaply than foreign competitors. - ( c.)

the answer is b for dog