What Is Sales Revenue? What It Is & How to Calculate It
To get from https://intuit-payroll.org/accounting-for-startups-a-beginner-s-guide/ to net income, you first subtract the cost of goods sold from sales revenue to find gross profit. Whether it’s sales, gross sales, net sales, or revenue, it’s critical to consider the industry in question, when analyzing a company’s financial data. It’s also important to distinguish between sales and revenue, because some…
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