callie76530
Aug 4, 2006, 02:28 PM
What is the net sales minus cost of goods sold?
mh34
Aug 5, 2006, 05:27 AM
Net Sales
-COGS
=Gross margin
CaptainForest
Aug 5, 2006, 12:01 PM
MH34 is correct.
Net Sales - Cost of Good Sold = Gross Margin
And to continue on with that
Gross Margin - Operating Expenses = Net Income (or Net Loss)