Net sales show the true revenue your business makes from selling products or services, after subtracting returns, allowances and discounts. To find net sales, begin with your total sales and ...

Net sales show the true revenue your business makes from selling products or services, after subtracting returns, allowances and discounts. To find net sales, begin with your total sales and deduct ...

Source: Motley Fool In many cases, the difference between net sales and gross sales can be much more than an accounting detail.

You know that your state's sales tax rate is 6% and that there are no other taxes on merchandise. Using the formula discussed earlier, we can calculate the net sales price as follows: ...

Your business's income statement is a long string of pluses and minuses. You start with your sales revenue, subtract costs of goods sold to get gross profit, then subtract expenses to get net ...

In order to calculate the percent sales growth, you'll need current and historical sales revenue information from each company's income statement.