Source: Motley Fool In many cases, the difference between net sales and gross sales can be much more than an accounting detail. Let's take a look at.

How to Calculate the Percent Sales Growth on an Income Statement. ... In the earlier year, net sales totaled $444 million, but in the next fiscal year, net sales increased to $466 million.

How to Calculate Net Income With Ending Inventory. ... For example, if the business had $40,000 in sales and $27,000 in cost of goods sold, it has gross profit of $13,000.

In the table above for the annual income statements of Apple (Nasdaq: AAPL) from 2017 to 2021, the top line item for revenue is labeled net sales. Moving down on the income statement, items are ...

Net Profit Margin = (Net Profit / Revenue) x 100. To calculate the net profit margin, divide the net profit by total revenue and multiply by 100 to express the value as a percentage.