A company's managers and potential investors need to have a thorough understanding of its current financial status. In order to accomplish this, they usually analyze its financial statements, ...

Knowing how many customers are willing to accept a price cut on an item versus those who insist on a return is valuable information. These transactions are called allowances and sales returns, ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Net sales show the true revenue your business makes from selling products or services, after subtracting returns, allowances and discounts. To find net sales, begin with your total sales and deduct ...