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-   -   Net sales-cost of goods sold= (https://www.askmehelpdesk.com/showthread.php?t=30897)

  • Aug 4, 2006, 02:28 PM
    callie76530
    net sales-cost of goods sold=
    What is the net sales minus cost of goods sold?
  • Aug 5, 2006, 05:27 AM
    mh34
    Net Sales
    -COGS
    =Gross margin
  • Aug 5, 2006, 12:01 PM
    CaptainForest
    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)

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