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The gross sales priceis the price that the customer pays, including sales tax. Thenet sales priceis the price without sales tax.
purchase price x percent sales tax .... then added to the original amount
Gross sales is the total value of sales before any deductions. Net sales is what is left of the gross sales after deductions and expenses, including discounts, returns and allowances.
NO. But you will pay sales tax when you tag and transfer title. Based on the value of car... not the actual sales price
Multiply the price by 1.08875. Try it with an easy figure - say the price is 100, including the sales tax this would be 108.875 (108.88 to two decimal places). If the original price was 50, then the total including the sales tax would be 50.044375 (50.04 to two places)
Sales tax will be added to the initial sticker price when purchasing a GMC vehicle from a GMC dealer. The sales tax rate for a GMC vehicle will be based on the customer's state of residence.
$52.92/1.08 = $49.00 total price before sales tax $49.00/4= $12.25 price of each CD before sales tax $52.92/4 = $13.23 price of each CD including sales tax
This is the opposite function to purchasing. The sales team records to whom the organisation has sold its products, when and for what price they were sold. This data will come from the sales order. They may also be responsible for defining these output products.
$53.75
The original price was 200.00
the relationship b/w purchasing, marketing and sales
Usually stated as price per unit: This is a generic term that is used by all levels of purchasing, manufacturing and sales in business. The Sales department will most commonly use price per unit (or unit price) but not exclusively. It just means what the price is per individual item be it a transistor, bag of peas or a 737 aircraft.