Net sales show the true revenue your business makes from selling products or services, after subtracting returns, allowances and discounts. To find net sales, begin with your total sales and deduct ...

Adjusted gross sales, also known as net sales, represent gross sales less returns and allowances. This measure is a gauge of market demand and pricing power, and is commonly used to determine relative ...

Managerial accounting, a tool used for business decision-making, allows for different methods of calculating net income. The general formula is that sales minus costs equals net income, but there are ...