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What is the difference between cost of sales and cost of goods sold?
There is no difference between the cost of goods sold and cost of sales. Both are same.What if Cost of Sales relates to a service rather than a "good"? Does that not signify a difference? For example a cost of sales for a service would contain no starting and finishing inventory component as is described in some texts as a way of calculating cost of goods sold.
What account does a merchandiser but not service company use?
cost of goods sold , inventory and sales revenue
What is the difference between service tax and sales tax?
Service Tax is levied by service organisation like hotels whereas sales tax is added to the cost of goods and collected when goods are sold. Both are collected by the Govt.
Which account does a merchandiser use that a service company does not use?
cost of goods sold , inventory and sales revenue
Net sales is sales less what?
Net Sales is the the Total Sales less the Cost of Goods Sold. ========================================= Net sales refers to revenues earned by businesses after selling a product/service. Sales less discounts, returns and allowances for damages/losses equals sales.
What are sold by Australian Fleet Sales?
Australian Fleet Sales offers a wide variety of cars. They not only offer cars for sale but also offer rentals along with free service and maintenance.
How do you calculate percentage of sales of target sales?
It is very simple to calculate the percentage of sales of target sales. You simply divide your target sales by what you actually sold and that will give you your percentage.
What are the shift targets for McDonald's?
in mcd shift targets can vary ,service time ,total of large meal sold ,sales target....training people...
How is Sales different from PreSales?
Sales was already sold. Pre-sales is still in negotiation.
What is definition of a sales job?
sales are the amount of products sold and the job is to record all sales
What is the best ratio of customer service to sales people?
It depends greatly on the product or service and the age of the company. If you were starting a new cell phone company, you would need many more sales people than customer service staff. As your business grew, your customer service staff would grow at a much faster rate than your sales force. Eventually, your sales force might actually shrink while customer service continued to grow along with your customer base. If you sold a low tech, low maintenance product such as coffee mugs, you would need relatively few customer service people. As the product increases in technology and life-span, you will need more customer service reps per customer. It would be better to look at a ratio of customers service people to customers; and, a ratiio of sales people to sales goals.
What will be sales if gross profit 25 percent and cost of goods sold -100000?
Sales = Cost of goods sold / 75% Sales = 100000 / .75 Sales = 133333 Prove sales = 133333 Less CGS = 100000 Gross profit = 33333 (25% of sales)
