ismieal
How to compute net sales?"
compute nased on net sales
net single premium
gross profit is divided by net sales.
Net assets are calculated as: Fixed Assets+Current Assets-Current Liabilities-Preliminary expenses if any
Net sales = Total sales - sales returns and discounts
Net sales = Total sales - Sales returns and allowances
Net sales = Gross sales - (Customer Discounts, Returns, Allowances)
Formula for net sales is as follows: Net sales = Actual sales - sales returns and discount allowed
To compute for ROE if there is loss and negative equity, divide the company's net income by the stockholders' equity. A negative ROE does not necessarily mean bad news.
gross
Your GROSS pay is before any deductions. Compute deductions, subtract them from your gross pay, and get your NET pay- that is how much you get to take home.