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What is the excess of net sales over cost of merchandise sold during the period?
Wiki User
∙ 14y ago
gross profit (margin)
Wiki User
∙ 14y ago
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What is a sales assumption?
Sales assumption is an approximate figure of sales expected to occur in a particular time period.
What is sales assitant?
Sales assistants work in a shop and help customers with their purchases. This could include guiding customers to merchandise, stocking shelves, and ringing up purchases. These are only a few of the sales assistant's potential duties.
What is seasonal fluctuation?
Seasonal fluctuation is when sales go up or down during a specific time of year. For examples, sales tend to go up during the Christmas season.
What is Average settlement period for trade receivable?
Average settlement period for trade receivables = Average inventory held divided by cost of sales (times 365).
Are sales commissions classified as period costs?
They are classified as a selling cost or nonmanufactoring cost. They are classified as a selling cost or nonmanufactoring cost.
What is the term applied to the excess of net revenue from sales over the cost of merchandise sold?
Gross Profit
What can one expect at a closeout sale?
Closeout sales typically occur when a retail store is closing and wants to liquidate their merchandise or when a store has excess merchandise that they want to sell. One can expect greatly reduced prices on a variety of items at closeout sales.
Tax merchandise sales?
YES
How much revenue does the NFL generate from merchandise sales?
Merchandise is the second greatest revenue source for the NFL. Each year the NFL generates two billion dollars from merchandise sales.
What is a business profit-and-loss statement?
This statement is a projection of the sales expected in a given period of time, the cost of the merchandise that will be sold, and the operating expenses of the business.
If a firm had 50000 during a period and sales returns and allownces of 4000 its net sales were how much?
46,000.00
What is the rank of NASCAR drivers in merchandise sales 2008?
I assume you mean who makes the most money in merchandise sales, Dale Earnhardt Jr. His sales are more then the next 3 put together.
How does a film make money for the studio?
By cinema ticket sales, DVD/video sales and merchandise sales! :)
What is sales clerk's?
sales utility clerk is assistant and prepare some visual merchandise
What is sales utility?
sales utility clerk is assistant and prepare some visual merchandise
What does mos in retail sales mean?
"Marked Out of Stock"-for merchandise damaged on the sales floor.
If the average number of days sales in merchandise inventory is 40 days the merchandise turnover ration is?
Merchandise turnover ratio = 360 / 40 = 9 times
