Garza Company had sales of $143,000, sales discounts of $2,150, and sales returns of $3,430. Garza Company's net sales equals: Multiple Choice $143,000. $148,580. $5,580. $137,420. $140,850.

$137,420

Explanation:

The computation of net sales is shown below:

As we know that

Net sales = Sales - sales discounts - sales returns

where,

Sales is $143,000

Sales discount is $2,150

And, the sales returns is $3,430

Now placing these values to the above formula

So, the net sales is

= $143,000 - $2,150 - $3,430

= $137,420

We simply deduct the sales discount and the sales returns from the sales so that the net sales could arrive

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explanation:

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