# Eric company has the following information: total revenues $860,000 sales returns and allowances$50,000

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.

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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

2. Expert says:

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3. Expert says:

It would be option a