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What is the net sales?

Scarlett Lee | 2023-05-07 15:01:28 | page views:1484
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Gabriel Hughes

Works at Amazon, Lives in Seattle. Graduated from University of Washington with a degree in Business Administration.
Net sales are the amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any discounts allowed. The sales number reported on a company's financial statements is a net sales number, reflecting these deductions.
2023-05-12 15:01:28

Daniel Harris

QuesHub.com delivers expert answers and knowledge to you.
Net sales are the amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any discounts allowed. The sales number reported on a company's financial statements is a net sales number, reflecting these deductions.
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