Multiple Choice
If Chase worked 10 hours last week at \$7.25 per hour, what amount should be reported as net sales for this period?
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4. Merchandising Operations
Net Sales
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Which company reported the largest dollar amount in net sales for the month of January?
A
Company D: \$95,000
B
Company B: \$150,000
C
Company A: \$120,000
D
Company C: \$110,000
Verified step by step guidance1
Identify the key term 'net sales' in the problem, which refers to the total revenue a company earns from sales after deducting returns, allowances, and discounts.
List the net sales figures for each company as provided in the problem: Company A: \$120,000, Company B: \$150,000, Company C: \$110,000, and Company D: \$95,000.
Compare the net sales figures for all companies to determine which one has the largest dollar amount.
Focus on the highest value among the listed figures: \$120,000, \$150,000, \$110,000, and \$95,000.
Conclude that the company with the largest net sales is the one associated with the highest figure identified in the comparison.
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