Family & Small Business Accountants

In order to calculate gross profit, take the net sales and subtract the cost of sales. Find out how gross profit is essentially revenue minus the cost to produce that revenue help from two accountants in this free video on business calculations and accounting. Expert: Spencer Cottam & Jeannine Smith Bio: Spencer Cottam and Jeannine [...]

A sales margin is the percent of profit that is being made off of an item that is being sold. Find out how sales margins are calculated by taking the cost of an item, including all of the overhead, and dividing this by the item’s selling price with help from two accountants in this free [...]

In order to calculate sales ratio, or sales receivable turnovers, take the accounts receivable and divide them by the total revenue. Discover how sales ratios can get muddied in contracting work with help from two accountants in this free video on business calculations and accounting. Expert: Spencer Cottam & Jeannine Smith Bio: Spencer Cottam and [...]

Calculating total revenue is simple, as it is requires multiplying the total number of items sold by the cost of the items sold. Look at total revenue during price changes with help from two accountants in this free video on business calculations and accounting. Expert: Spencer Cottam & Jeannine Smith Bio: Spencer Cottam and Jeannine [...]