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Eric Company has the following information: Total revenues $860,000 Sales returns and allowances $50,000 Sales discounts $30,000 Ending inventory $100,000 What is the amount of net revenues for Eric Company? Select one:
A. $780,000.
B. $680,000.
C. $230,000.
D. $330,000.

Respuesta :

Karabo99

Answer:

A. $780,000

Explanation:

Net Receivables = Total receivalbles - Sales discount - Sales returns and allowances

                             = $860,000 - $30,000 - $50,000

                            = $780,000

Therefore, The amount of net revenues for Eric Company is $780,000

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