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Asked by Mike

Net income is $44,400. Administrative expenses are $5,500 and selling expenses is $3,700. Cost of merchandise sold is $27,800. How much is sales, assuming no returns or discounts?
9 years ago

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Answered by Ms. Sue
Add the expenses and subtract from net income.
9 years ago
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Net income is $44,400. Administrative expenses are $5,500 and selling expenses is $3,700. Cost of merchandise sold is $27,800. How much is sales, assuming no returns or discounts?

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