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25-08-2020
Business

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The net sales of department X were 46,780. the customer returns were 2,342. What were gross sales?

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tutorAnne tutorAnne

26-08-2020

Answer:gross sales=49,122

Explanation: Gross sales is defined as the sum of all the values of a sales receipts for a company. The formula to calculate gross sales is given as –

Gross sales= Net Sales + Discount + Sales returns + Sales allowances

Given that

net sales of department X =46,780

the customer returns were 2,342.

Gross sales for department X = Net sales + Sales Return

46,780 + 2,342.=49,122

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