Net Sales

on . Posted in Project Management Engineering

Net sales, abbreviated as NS, is the total sales after accounting for discounts given, items returned, and allowances (adjustments for damaged goods).

 

Net Sales Formula

\(\large{ NS = GS -  R -  D - A }\)
Symbol
\(\large{ NS }\) = net sales
\(\large{ A }\) = allowances
\(\large{ D }\) = discounts
\(\large{ GS }\) = gross sales
\(\large{ R }\) = sales returns

 

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