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Sales tax |
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Sales taxIn the US, a state or local government tax levied on goods and services. The amount of tax is based on a percentage of the selling price. An item costing $100 and a sales tax of 5% will cost in total $105.Sales taxA percentage tax on the selling price of goods and services.Sales tax Similar MatchesConditional sales contractsConditional sales contractsSimilar to equipment trust certificates, except that the lender is either the equipment manufacturer or a bank or finance company to which the manufacturer has sold the conditional sales contract. Price sales ratioPrice sales ratioDetermined by dividing current stock price by revenue per share (adjusted for stock splits). Revenue per share for the ratio is determined by dividing revenue for past 12 months by number of shares outstanding. Cost of salesCost 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. Price to sales ratioPrice to sales ratioA financial ratio calculated as: current share price divided by sales per share. Put another way, market capitalisation divided by total sales.A low ratio of market cap to sales is seen as exciting by some investors. Why? Because a small increase in the company's profit margins will thanks to the high level of sales, leverage into large increases earnings per share.However, just because a company has a low PSR does not necessarily make it an attractive investment. For example, the company may operate in very low margin industries such as contracting or construction which make it difficult for margins to improve. Sales ledgerSales ledgerSee 'ledger'. Further SuggestionsGross salesDomestic International Sales Corporation (DISC) Sales load Group sales Foreign Sales Corporation (FSC) sales charge Sales Contract Net sales transaction Domestic International Sales Corporation Foreign Sales Corporation Contingent deferred sales charge (CDSC) Interstate Land Sales Trailing sales wash sales Net sales Conditional Sales Contract Sales charge Days sales outstanding Return on sales Sales literature |
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