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Is sales and total operating revenue the same thing?

Sales is the amount received from selling the goods while total operating revenue is the revenue which is earn only through basic business operating activity.


What are tally charts used for?

Tally charts are good because it helps you to read, count the total amount of the tally and great fun 4 mathsTally charts are used in math's.


How do you figure the sales tax on a total number?

To calculate sales tax on a total amount, first determine the sales tax rate, which is usually expressed as a percentage. Multiply the total amount by the sales tax rate (in decimal form). For example, if the total amount is $100 and the sales tax rate is 7%, you would calculate $100 x 0.07 = $7. Finally, add the sales tax amount to the original total to get the final amount.


What explains how revenue is determined?

The total amount of money brought in by sales.


How does a tally chart help you display data?

it gives total amount of people or whatever category is there


What is Global market sales?

Global market sales is the total amount of sales internationally. This total will include all sales where the company has a market or stock.


How do you treat discount received IN sales control ledger?

In a sales control ledger, the discount received is treated as a reduction in sales revenue. When recording the discount, you would typically debit the discount received account and credit the sales revenue account to reflect the decrease in total sales. This ensures that the financial statements accurately represent the net sales amount after accounting for discounts. It's important to maintain clear documentation of these discounts for reconciliation and reporting purposes.


What is the net sale amount for a total sale of 367.50 if the sales tax is 5?

To calculate the net sale amount, you can first find the sales tax amount by dividing the total sale amount by 1 plus the sales tax rate. In this case, the net sale amount is calculated as follows: Net Sale Amount = Total Sale Amount / (1 + Sales Tax Rate) = 367.50 / (1 + 0.05) = 367.50 / 1.05 ≈ 350.00. Therefore, the net sale amount is approximately $350.00.


What is the total yearly sales of chocolate in Canada?

Apparently the total amount of chocolate sales in Canada in 2007 was $1.4 Billion dollars.


How do you add a 15 percent commission on net sales?

To add a 15 percent commission on net sales, first calculate the total net sales amount. Then, multiply that amount by 0.15 (which represents 15 percent). Finally, add the calculated commission to the net sales to find the total amount including the commission. For example, if net sales are $1,000, the commission would be $150, making the total $1,150.


How is revenue determine?

The total amount of money brought in by sales.


What is 206.88 with a 5.75 sales tax?

To calculate the total amount including a 5.75% sales tax on $206.88, you multiply $206.88 by 0.0575 to find the tax amount, which is approximately $11.93. Adding this tax to the original amount gives a total of about $218.81. Therefore, the total cost including sales tax is approximately $218.81.