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 ...

In many cases, the difference between net sales and gross sales can be much more than an accounting detail. Let's take a look atApple and why net sales can be a relevant concept providing a lot of ...

In most states, a sales tax is charged in addition to the cost of any item you purchase. The total price you actually pay for a purchase is known as the gross price, while the before-tax price is ...

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 profit.

Does this sound familiar? You need to make a major purchase, so you research products, decide on the best one, and wait for the best price. You go to buy it, and the final price is more than you ...

Sales tax can sneak up on you — especially with larger purchases. Knowing how to figure it out ahead of time can save you from sticker shock at the register. Just take the item’s price and multiply it ...