Sales revenue-sales returns and allowances

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Reference no: EM13753260

Assume Kader Company has the following reported amounts: Sales revenue $510,000, Sales returns and allowances $15,000,Cost of goods sold $330,000, and Operating Expense: $110,000. Compute the following: (a) net sales, (b) gross profit, (c) income from operations, and (d) gross profit rate. (Round to one decimal place)

Reference no: EM13753260

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