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Cost of sales |
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Cost of salesThe cost to a company of producing goods. Similarly with a retailer or distributor type business, cost of sales is the cost of purchasing goods prior to their resale.Similar MatchesReturn on salesReturn on salesA measurement of operational efficiency equaling net pre-tax profits divided by net sales expressed as a percentage. Foreign Sales Corporation (FSC)Foreign Sales Corporation (FSC)A special type of corporation created by the Tax Reform Act of 1984 that is designed to provide a tax incentive for exporting U.S.-produced goods. Sales chargeSales chargeThe fee charged by a mutual fund at purchase of shares, usually payable as a commission to a marketing agent, such as a financial adviser, who is thus compensated for assistance to a purchaser. It represents the difference, if any, between the share purchase price and the share net asset value. Interstate Land SalesInterstate Land SalesSales of land to a buyer in another state. Because the buyer is usually totally dependent on the seller for information regarding the property, federal disclosure laws have been passed to aid the buyer. The buyer also has a period (now 3 days) after singing a purchase agreement, in which to rescind. The laws were passed because of the large promotional land sales of the 50's and early 60's, some of which sold worthless desert and swamp land. Trailing salesTrailing salesPast sales. Often used in the valuation of companies that have negative cash flows or earnings. The company is said to be valued at some multiple of past sales - usually, the last 12 months sales. Further SuggestionsForeign Sales CorporationConditional Sales Contract Days sales outstanding Contingent deferred sales charge (CDSC) price to sales ratio Sales literature Sales Contract sales ledger Net sales Group sales wash sales Domestic International Sales Corporation Sales load Price sales ratio Net sales transaction Conditional sales contracts Gross sales Domestic International Sales Corporation (DISC) sales tax sales charge Sales tax |
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