It's a contrarevenue. It would show up in the revenue section but as a debit as opposed to a credit. A return would decrease your revenues but not increase your expenses.
Increasing sales revenue and operating expenses by the same percentage.
It's a contrarevenue. It would show up in the revenue section but as a debit as opposed to a credit. A return would decrease your revenues but not increase your expenses.
If a firm's sales revenue exceeds its expenses, the firm has earned a profit.
return on sales
Sales revenue minus sales return and allowances and sales discount equals?
Sales revenue is all the money from your sales. BUT profit is how much money you actually make after considering rent and other expenses. So you should never get carried away by sales revenue because if you sell something worth $900,00 you will think you made $900,00 when you really only make the money after expenses
Gross Margin = (Gross Profit/Sales)*100 Gross Profit = Revenue - Cost of Sales Net Profit = Revenue - Expenses 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. The Net Profit, on the other hand, is Revenue minus ALL Expenses (including cost of sales).
Profit Profit
Contribution margin is computed as sales revenue minus variable expenses
When a firm spends more than it gains in revenue it is called a LOSS.
Sales returns and allowances is not a liability rather these are expenses or reduction in actual sales
Sales and marketing is the selling and marketing expenses to promote the product while net sales is the sales revenue minus discounts and returns.