4. Merchandising Operations

Which of the following statements about customer profitability is true?

Which of the following terms refers to the amount a company expects to collect from its customers after deducting sales returns, allowances, and discounts from total sales?

Which of the following details best indicates that Edward was making a good profit from his sales?

Given the following data for Yazici Batteries, Inc. for the month:\begin{align*}\text{Total Sales} &= \$50,000 \\\text{Sales Returns and Allowances} &= \$2,000 \\\text{Sales Discounts} &= \$1,000\end{align*}What is the net sales for the month?

Which of the following best describes the total manufacturing cost variance?

Which of the following best describes a set amount of pay received by a worker over the course of a year?

Which of the following is NOT true regarding a sales discount when calculating net sales?

Which of the following are two reasons a company might report a higher net sales figure by choosing to recognize fewer sales returns and allowances?

Which of the following is a profit-oriented objective related to net sales?

Which of the following is the correct formula for calculating net sales?

Which of the following best describes 'Net Sales' on a company's income statement?

Which of the following is an advantage of always filing a tax return, even if you are not required to do so?

If a project does not break even on a cash flow basis, which of the following options should be chosen?

If you clean a community park for 6.5 hours and earn \$42.25, how much do you earn per hour?

Which of the following best describes revenue in the context of net sales?