How do you calculate Sales returns and allowances if given the following information. Sales Revenue 90000 Net Sales 85000 Cost of goods sold 56000 Operating Expenses 15000?

To calculate Sales Returns and Allowances, you can use the formula: Sales Returns and Allowances = Sales Revenue - Net Sales. Given the Sales Revenue of $90,000 and Net Sales of $85,000, you would subtract the two amounts: $90,000 - $85,000 = $5,000. Therefore, Sales Returns and Allowances amount to $5,000.