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How can you annualized a sales figure if it only has 5 months of actual sales?
Wiki User
∙ 9y ago
Calculate the total sales figures for the current year to date and divide that by the method most similar to your sales reporting cycle. The result is your average sales for the cycle. Then multiply your average cycle sales figure by the units required to equal a year.
Wiki User
∙ 9y ago
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How can you annualize sales figures from five months of actual sales history?
In order to annualize the sales figure, take your sales for the past five months and multiply it by 12/5. The general formula looks like this: Earnings X 12/(# of months your earnings figure is based on)
How do you show sales discount in financial statements?
Sales discount is shown under income statement as a deduction from sales because it reduces the actual sales figure.
What variance is the difference between the actual sales and the flexible budget sales?
Actual sales (quantity ) = flexible budget sales (quantity ) , because the flexible budget is prepared based on the actual activity level (units sold ) to avoid misleading of compering the static budget sales and actual sales
What do you use to figure sales tax your gross sales or net sales?
Net Sales..
What is the formula for net sales?
Formula for net sales is as follows: Net sales = Actual sales - sales returns and discount allowed
How can you annualize sales figures from five months of actual sales history?
In order to annualize the sales figure, take your sales for the past five months and multiply it by 12/5. The general formula looks like this: Earnings X 12/(# of months your earnings figure is based on)
What is annualized sales?
Annual sales refers to the total sales have been made in a given year. When you deduct the expenditure from annual sales, you would be able to get your profit for the year.
How do you show sales discount in financial statements?
Sales discount is shown under income statement as a deduction from sales because it reduces the actual sales figure.
If the margin of safety for Porter Company was 20 percent fixed costs were 600000 and variable costs were 70 percent of sales what was the amount of actual sales?
Break even sales - Fixed cost / contribution margin ratio Break even sales = 600000 / 0.3 = 2000000 Margin of safety = actual sales - breakeven sales Break even sales + margin of safety = Actual sales 2000000 + 0.2(actual sales) = Actual sales if actual sales = 1 then 2000000 + 0.2 = 1 2000000 = 0.8 actual sales actual sales = 2000000 / 0.8 actual sales = 2500000
How many used cars were sold in the US in 2010?
Per Manheim ConsultingRetail Sales New car and light-duty truck sales were up 10% over 2010, to 12.8 million units. This fell short of Manheim's 13.1 million projection due to lost sales resulting from inventory shortages after the Japanese earthquake. New vehicles sold at a 13.1 million annualized rate in the first four months of the year and at a 13.3 million annualized clip in the final four months. It was the 11.9 million sales pace in the middle four months that dampened the annual total.Meanwhile, used vehicle sales were 38.8 million in 2011, the strongest level in four years. Manufacturer pre-owned sales totaled 1.7 million, a record high. Likewise, used vehicles retailed by the seven publicly traded dealership groups also reached a record high in 2011, at just under 1 million units.
How do you calculate actual sales?
Forumula for calculation of actual saees: Actual sales = (number of units sold * Sales price ) - sales returns and discounts
What variance is the difference between the actual sales and the flexible budget sales?
Actual sales (quantity ) = flexible budget sales (quantity ) , because the flexible budget is prepared based on the actual activity level (units sold ) to avoid misleading of compering the static budget sales and actual sales
What do you use to figure sales tax your gross sales or net sales?
Net Sales..
What is sales output?
ratio of calls to actual sales
How do you calculate the percentage of sales goal versus actual revenue?
(Actual Sales-Plan)/Plan % Result
How do you find the difference between sales price and actual price?
Subtract the sales price from the actual price!
When Net Sales is bigger than Actual Sales?
What is accured Revenue
