Heller Company offers an unconditional return policy to its customers. During the current period, the...
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Accounting
Heller Company offers an unconditional return policy to its customers. During the current period, the company records total sales of $850,000 , with a cost of merchandise to Heller of $340,000 . Based on past experience, Heller Company expects 4% of sales to be returned. How much in net sales will Heller Company recognize for the current period?
Select one:
a. $850,000
b. $836,400
c. $510,000
d. $816,000
e. $326,400
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