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What is the formula of net sales?
Net sales = Gross sales - (Customer Discounts, Returns, Allowances)
What is the formula for projected profit?
Which formula represents the projected profit for a business
What is the difference between gross margin and profit margin?
Gross Margin = (Gross Profit/Sales)*100 Gross Profit = Sales - Cost of Sales Or in words, the Gross Margin is an expression of the Gross Profit as a percentage of Sales, where the Gross Profit is Sales minus the Cost of Sales.
How do you Gross up sales tax?
Sales Tax / Sales Tax Rate = Gross Sale
Is vat tax included in the gross sales?
Yes. Gross sales = Net Sales + VAT
What is the effcect of cost of sales on gross profit?
Cost of sales influances the gross profit to decrease or increase as following formula: Gross profit = Sales - Cost of sales
What is the formula of net sales?
Net sales = Gross sales - (Customer Discounts, Returns, Allowances)
Is cost of sales or turnover the same as net sales?
Cost of sales is the expenses to earn sales so cost of sales and net sales are not same, formula for gross profit is as follows: Gross profit = Sales - Cost of sales
What is the difference between gross margin and gross profit?
Gross Margin = (Gross Profit/Sales)*100 Gross Profit = Sales - Cost of Sales Or in words, the Gross Margin is an expression of the Gross Profit as a percentage of Sales, where the Gross Profit is Sales minus the Cost of Sales.
What is the formula for projected profit?
Which formula represents the projected profit for a business
What is the difference between gross margin and profit margin?
Gross Margin = (Gross Profit/Sales)*100 Gross Profit = Sales - Cost of Sales Or in words, the Gross Margin is an expression of the Gross Profit as a percentage of Sales, where the Gross Profit is Sales minus the Cost of Sales.
What is the difference between operating profit and profit margin?
Gross Margin = (Gross Profit/Sales)*100 Gross Profit = Sales - Cost of Sales Or in words, the Gross Margin is an expression of the Gross Profit as a percentage of Sales, where the Gross Profit is Sales minus the Cost of Sales.
What is the projected sales for a daycare?
The projected sales of a daycare depends on a few things. This largely depends on the number of kids taken care of.
Mathamatical formula for food cost?
Food cost = (cost of goods - inventory) / gross food sales
What is formula of food cost calculation?
Cost of goods less inventory divided by Gross Food Sales
How do you Gross up sales tax?
Sales Tax / Sales Tax Rate = Gross Sale
Is vat tax included in the gross sales?
Yes. Gross sales = Net Sales + VAT
