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What else can I help you with?
How do you figure annual sales?
You can figure annual sales in various ways. The easiest way is by adding the opening stock to the purchases. You should them subtract the closing stock for the year and you will get the annual sales.
What is the meaning of closing stock?
opening stock +purchase-sales =closing stock
How do you calculate a direct cost of sales in a business plan?
Cost of sales = opening stock + purchases-closing stock Cost of sales = opening stock + purchases-closing stock
What are some benefits of sales planning?
Sales planning is likely to increase the likelihood of closing sales. Sales planning also allows the seller to better understand the needs of the client and this is likely to improve customer loyalty.
How do you calculate closing ratio?
Closing Ratio is the tracking of sales performance. It is calculated by the number of sales closed over the total number of sales presentations made in a given period of time.
What is the closing ratio for car sales?
20%
How do you post the closing journal entry for sales returns?
debit sales accountcredit sales return account
Are sales on a post closing trial balance?
No, Sales, as a Revenue Account of the Income Statement, is a temporary account, which should not appear on the post-closing trial balance.
Which account will appear on an after-closing trial balance?
sales
How do you calculate closing stock for a shop?
To calculate the closing stock for a shop, you need to consider the beginning inventory, purchases made during the period, and sales made during the period. The closing stock is calculated by adding the beginning inventory and purchases made during the period, and then subtracting the sales made during the period. The remaining balance is the closing stock.
What is deffrens between sales and marketing?
When marketing you are promoting something, and sales, you're promoting and/or closing the deal.
How do we calculate opening stock?
Billy Ocean is a trader in seafood. The firm uses a margin of 1/6. For the month of May 2017 his opening stock was 70,000, purchases as $250,000, and closing stock was $120,000. What as his sales?
