A customer returns $690 worth of merchandise and receives a full refund. What accounts recognize this sales return, assuming the customer has not yet remitted payment to the retailer?

A. accounts receivable, sales returns and allowances

B. accounts receivable, cash

C. sales returns and allowances, purchases

D. sales discounts, cost of goods sold

Liza’s predicts sales of $40,000 for May and$52,000 for June. Assume 60% of Liza’s sales are for cash. The remaining 40% are credit sales; credit customers pay in the month following the sale. Compute the budgeted cash receipts for June.

Total sales of the Worland Marke ts were $8,200,000 two years ago and$9,020,000 last year.

Based on past sales records, the sales of Uncle Stan's Original Sauce are expected to increase by 6% a year for the next two years from $270,000 this year. What are sales forecasted to be in each of the next two years?

Bill was just offered a sales position for a computer company. His salary would be $15,000 per year plus 1% of his total annual sales. Determine the sales required of Bill for his salary to exceed$150,000.

A salesperson for an insurance agency is paid an annual salary plus a bonus of 4% of sales made over $300.000. Let f(x)=x-$300.000 and h(x)=0.04x, where x is total sales. Determine the amount of bonus for one year with sales of $450.000.

Which of the following is an example of a contra revenue account?

A. sales

B. merchandise inventory

C. sales discounts

D. accounts payable

Sara Rasic, owner of Sara’s Deli, says that her sales have increased exactly 20% per year for the last two years. Her sales this year are $170,035.20. Find her sales two years ago.

For a summer sales job, you are choosing between two pay arrangements: a weekly salary of $\$ 200$ plus $5 \%$ commission on sales, or a straight $15 \%$ commission. For how many dollars of sales will the earnings be the same regardless of the payment arrangement?

Calculate the sales tax on the given purchase using the given sales tax rate. (Round to the nearest cent.)

$$\$ 523.85 ; 5 \%$$

In a state with a sales tax rate of $7 \%$, Hernando buys a radio for $\$ 59.99$ and a CD for $\$ 13.99$. How much is the sales tax?

Soy-Food Sales. Soy consumption has been growing in recent years. Soy-food sales in the United States totaled $\$ 4.1$ billion in 2005. This was a $46 \%$ increase over soy-food sales in 2000. (Source: "Soyafoods: The U.S. Market 2006") Find the amount of soyfood sales in 2000. Consider the function

$$f(x)=x^2-4 x+3$$

Translate the problem into an equation. (1) Shelley made five more sales calls than Clark. (2) Shelley and Clark made a total of 33 sales calls. How many sales calls did each make?

Match each situation to its corresponding graph. Sketch a possible graph of the situation if the situation does not match any of the given graphs.

A souvenir shop's sales are seasonal, with high sales in summer and winter and low sales in spring and fall.

An item costs c dollars and 6% sales tax is charged. The total cost including sales tax is given by the expression 1.06c. You are buying a skateboard that costs $75. What is the cost of the skateboard including sales tax?