net sales Definition

net sales

Definition

Gross sales minus returns, discounts, and allowances.

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net sales is ...
... part of the Accounting and Investor Relations subjects.

Related Terms

net margin - More

asset turnover - More

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gross income, gross margin, pre-tax profit margin, revenue, total asset turnover, margin of profit

net sales appears in the definitions of these other terms on BusinessDictionary.com

collection period ratio, inventory turnover, operating revenue, financial ratios