answersLogoWhite

0

What else can I help you with?

Related Questions

What is rate of return on net sales ratio?

Rate of Return on Net Sales = (Net Income) / (Total Sales)


Net sales was 9275000 net income was 814100 what is the return on sales?

Return on sales = 814100 / 9275000 = 8.777 %


How do you calculate net credit sales?

Total sales - cash sales - sales return


How do you present sales returns in the income statement?

sales+sales return=net sales


Is net earning percent of sales the same thing as return on sales?

no


Is calculated by dividing the net income by revenue or sales?

return on sales


How do you Calculate Return on Sale?

ROS= NET PROFIT/ SALES


What is the difference between return on equity and return on net worth?

Return on equity is the rate of returns you earned on your equity investments Return on net worth is the rate at which your entire property is growing (Your net worth is the sum of all your assets - all your liabilities)


Does sales return and allowances go on the statement of earnings?

--> another term for Statement of Earnings is Income Statement --> in income statement, you deduct the Sales Return & Allowances from the Gross Sales to come up with Net Sales --> in presentation purposes, usually it is only the Net Sales account that is shown


United services and supplies reports net income of 60000 and cost of goods sold of 360000. If US and ampS's gross profit rate was 40 net sales were?

To find the net sales, we can use the gross profit rate formula. The gross profit is calculated as gross profit rate multiplied by net sales. Given the gross profit rate of 40%, we can set up the equation: Gross Profit = Net Sales × Gross Profit Rate Net Income = Gross Profit - Cost of Goods Sold First, we need to determine gross profit, which can be found by adding net income to cost of goods sold: Gross Profit = Net Income + Cost of Goods Sold = 60,000 + 360,000 = 420,000. Now using the gross profit formula: 420,000 = Net Sales × 0.40 Net Sales = 420,000 / 0.40 = 1,050,000. Thus, US and S's net sales were $1,050,000.


When the rate of return decrease does the net present value increase?

No, when the rate of return decreases, the net present value typically decreases as well. This is because a lower rate of return means that future cash flows are worth less in present value terms, leading to a lower net present value.


What are the three capital expenditure techniques?

Internal rate of return, net present value, accounting rate of return and payback method.