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