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10 Cards in this Set
- Front
- Back
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Net Sales
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=Gross Sales + Promotional Allowances – Customer Returns
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Gross Margin
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=Net Sales – Cost of Goods Sold
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Gross Margin %
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GM/NS x 100%
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Net Profit (after taxes)
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= Gross Margin – Expenses – Taxes
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Net Profit Margin %
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NP/NS x 100%
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ROA
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Net Profit/Total Assets
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Total Assets
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= Liabilities + Owner’s Equity
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GMROI
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GM/Avg Inventory at cost
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Inventory Turnover
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Cost of Goods Sold/Avg I at cost
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Sales to stock ratio
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Net Sales/Avg I at cost
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