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What are books used books net sales

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Question - During September 2014, books used books had sales of 225,000 and sales discount or 5,000 and sales returns and allowances for 7,500, The company's expenses were as follows: cost of goods sold 55,000, sales salaries expenses of 10,000, advertising expense of 15,000, rent expense of 8,000, office salaries expense of 11,000 and office supplies expense of 3,000. What are books used books net sales, gross profit, gross profit ratio and net income for 09/2014?

Reference no: EM131670774

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