The net cost of an item is the cost of the item after any discounts or returns and before any tax
Net Interest refers to the revenue that is got from the difference between cost of servicing liabilities and the revenue generated by assets that bear interest. This considered to be an excess revenue.
Net cost does not include sales tax. The net cost of an item is the cost of the item after any discounts or returns and before any tax.
The monthly cost of our net lease agreement is 1,200.
There is no fixed cost. Some countries are net contributors others are net receivers.
Net income = Net Sales - Expenses (the cost of doing business)
The equation for net benefit is: Net Benefit = Total Benefit - Total Cost
sales sales revenue minus net sales revenue
1. Net sales - cost of goods sold = Gross profit Gross profit / Net sales = Gross profit ratio
1. Net purchases +? = cost of goods purchased 2. Net purchases = ? + ? = purchases
Current cost. Replacement cost or net realizable value.
Gross margin (also known as gross profit) is the difference between Net sales and Cost of goods sold: Net sales - Cost of goods sold = Gross margin Therefore, if you know Gross margin, add it to Cost of goods sold to get Net sales.
Net Income = Sales - Gross profit Gross Profit - Cost of Production = Net Income