gross sales
Sales before deducting sales returns, sales allowances, and sales discounts.
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Gross sales
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GROSS SALES - The total dollar value of all revenue derived by the firm from the principal operations o...
GROSS SAVINGS - total savings, including interest credited.
Gross sales
The total sales recorded prior to sales discounts and returns.
Net sales ...
Gross sales
Total sales calculated by summing all sales at invoice values, neglecting any adjustments such as customer discounts or returns.
Gross spread ...
GROSS SALES - The total sales that the retailer makes during a financial period, usually a calendar year.
Gross Sales: Total recorded sales before deducting any sales discounts or sales returns and allowances.
Gross Sales
This ratio shows how much of the sales represent gross profit.
Gross sales less returns and allowances, freight out, and cash discounts allowed.
Definition 3.
Gross sales minus returns, discounts, and allowances.
Gross sales price vs net sales price?
What is sales price?
Do you tax on the original price or the sales price?
Sales price of a bakail?
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gross sales revenues minus direct and indirect reductions of proceeds
Scope of consolidation
those companies in a group included in the consolidated accounts ...
Gross sales is revenue before any expenses are deducted. It is the sum of all money generated prior to deducting wages, product cost, taxes, interest, etc.
Income Statement ...
Gross sales less any taxes, returns, allowances and discounts or rebates given to customers.
new issue
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Gross Sales
Total sales not reduced by customer discounts, returns, allowances or other adjustments.
Net sales
Gross sales less returns and allowances, freight out, and cash discounts allowed.
Net sales
Gross sales less any taxes, returns, allowances, and discounts or rebates given to customers.
New issue
When a company issues new shares into the market. Often used to describe an initial public offering (IPO).
Net sales. Gross sales minus returns, discounts, and allowances.
Nonrecurring items. A one time event on a company balance sheet such as a theft or damaging fire.
Net Profit
Gross sales minus taxes, interest, depreciation, and other expenses, also called net earnings or net income or bottom line.
Net sales - Gross sales minus discounts, sales returns, allowances and freight out.
Net tax revenue - Total tax revenue minus transfer payments.
Takedown
The gross sales concession for a bond, expressed in dollars per thousand dollars of bonds. For example, a $5.00 takedown on $1,000,000 of bonds, would result in a gross sales concession of $5,000.
net earnings A measure of a firm's performance, and calculated by the following: gross sales... net estate The part of an estate which remains after deducting all administration fees.
Accounting Method The method used to report gross sales, expenses, and profits. The two methods are cash basis and accrual basis.
ALLOWANCES - Reductions to gross sales that occur when customers are given partial credit for sold good...
ALLOWED CLAIM (OR ALLOWED INTEREST) - a claim of a creditor (or an equity interest) that is approved by...
Gross sales less returns, allowances, and freight out. Returns are goods returned for credit, allowances are deductions for goods lost or damaged in transit, and freight out is shipping expense passed on to the customer.
For example, imagine a company with Gross Sales for 2006 equalling $5 million. The cost of goods sold amounts to $1.2 million. What is the Gross Profit Margin?
Annual Net Profit Margin (%)
The percentage that the company earned from gross sales for the most recently reported fiscal year.
Annual Percentage Rate (APR)
The cost of credit that the consumer pays, expressed as a simple annual percentage.
Net profit and net sales are the amounts the company has left after subtracting relevant expenses from gross profits and gross sales. The higher the percentage, the more profitable the company is.
As an extra incentive, the revenue sharing note also features an agreement by the company to pay to the investor a percentage of gross sales of the company, for as long as the note is outstanding.
The sum of more than one sale. In accounting, often used interchangeably with income or revenue. See also GROSS SALES; NET SALES. In retail, often refers to products offered for sale at less than the originally stated price.
ADVERTISE ...
- Payback financing of the true market value of the franchise. Royalty payments can be either fixed amounts, based on percentage of gross sales, or based on a sliding scale, with graduated breakpoints.
Rules of Operation (see Operations Manual) ...
Gross profit divided by sales, which is equal to each sales dollar left over after paying for the cost of goods sold.
Gross sales ...
Taxable Income: Gross income less all allowable adjustments. Incorporated businesses derive net income before taxes after deducting total costs and expenses from gross sales.
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but then accepted some returned merchandise or made an allowance to a customer for unsatisfactory products or services, you must enter the total of these amounts as "returns and allowances" on your tax form, and subtract them from your gross sales ...
A company's net margin, typically expressed as a percentage, is its net profit divided by its net sales. Net profit and net sales are the amounts the company has left after subtracting relevant expenses from gross profits and gross sales.
For subsectors of the economy, or for particular industries or firms, the measure of output is value added, not gross sales.
Back to top Top Line A reference to the gross sales or revenues of a company. Back to top Trailing EPS The sum of a company's earnings per share for the previous four quarters.
 See also: Expense, Net sales, Administration, Allowances, Values
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