You can figure annual sales in various ways. The easiest way is by adding the opening stock to the purchases. You should them subtract the closing stock for the year and you will get the annual sales.
To determine your net profit , add up your annual expenses for the running of your business etc & subtract that figure from your gross profit. Or you get the gross profit by adding your opening stock at the beginning of the year & your annual purchases , deduct your closing stock from this figure & subtract the resulting figure from your annual sales. In simple words, GROSS PROFIT = SALES less COST OF SALES. (Cost of Sales covers all costs related directly to Sales) NET PROFIT = TOTAL EXPENSES less TOTAL REVENUE
To determine your net profit , add up your annual expenses for the running of your business etc & subtract that figure from your gross profit. we get the gross profit by adding your opening stock at the beginning of the year & your annual purchases , deduct your closing stock from this figure & subtract the resulting figure from your annual sales. In simple words, GROSS PROFIT = SALES less COST OF SALES. (Cost of Sales covers all costs related directly to Sales) NET PROFIT = TOTAL EXPENSES less TOTAL REVENUE
To determine your net profit , add up your annual expenses for the running of your business etc & subtract that figure from your gross profit. Or you get the gross profit by adding your opening stock at the beginning of the year & your annual purchases , deduct your closing stock from this figure & subtract the resulting figure from your annual sales. In simple words, GROSS PROFIT = SALES less COST OF SALES. (Cost of Sales covers all costs related directly to Sales) NET PROFIT = TOTAL EXPENSES less TOTAL REVENUE
We had a profit in the ANNUAL SALES of this year.
((cur ann sales-pre ann sales) / cur ann sales )* 100
Annual sales refers to the total sales have been made in a given year. When you deduct the expenditure from annual sales, you would be able to get your profit for the year.
Mary Kay Cosmetics does not track its retail sales, so annual sales figures for that component of the business are unavailable. Reported annual wholesale figures for the company have exceeded $1,000,000,000 since 1996. One available figure cites 2010's wholesale volume worldside as $2,500,000,000.
i dont get this what
"Singers" don't get a fixed annual wage. It all depends on record sales, merchandise sales, and what is in their contract.
Net Sales..
annual sales*(1/365)
Combine the