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?

Question

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?

Ms. Sue · Answer

Add the expenses and subtract from net income.