To calculate net sales, you start with gross sales, which is the total revenue from all sales transactions before any deductions. From this figure, you subtract returns, allowances and discounts.

If you know the sales tax rate and the gross price you paid, you can determine the net sales price by the following formula. First, you'll need to know the gross price you paid.

Source: Motley Fool In many cases, the difference between net sales and gross sales can be much more than an accounting detail.

There are two often-used approaches in calculating a sales price. The traditional method is to add a markup percentage to the cost of the product. Alternatively, you can calculate a sales price in ...

Everyone has a net worth, and knowing what yours is gives you a clear picture of your financial health and can help you set goals for the future.

From the income statement of the company you're evaluating sales growth for, plug the relevant net sales figures for the relevant periods into the equation and compute to arrive at the percent ...

You may want to calculate your net worth and your liquid net worth. "Net worth can include items such as your home, jewelry, ...

Calculating net sales price can be easy with the right information. In most states, a sales tax is charged in addition to the cost of any item you purchase. The total price you actually pay for a ...

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 ...