See Also: Marketing Mix (4 P’s of Marketing) Marketing Your Company using WikiCFO Compensation Plan Strategic Planning Process Action Plan Marketing Plan Definition The marketing plan definition is the plan to cultivate and harvest demand for the products of a business, and it is part of the business plan. A marketing plan outlines answers to
See Also: 5 C’s of Credit (5 C’s of Banking) Economic Production Run (EPR) Economic Order Quantity (EOQ) Market Segmentation Porter’s Five Forces of Competition Strategic Planning Process Marketing Mix 4 P’s Definition The marketing mix 4 P’s is a method for marketing a product. This is based upon the type of product, the price,
Net Sales Defined What is net sales revenue? Net sales revenue refers to a company’s total sales revenue in a given fiscal period after subtracting certain items. These items include returns, allowances, and discounts. Net sales revenue is in contrast to gross sales revenue. Gross sales revenue is not adjusted for returns, allowances, and discounts.
See Also: Sunk Costs Inventoriable Costs Financial Distress Costs Agency Costs Bankruptcy Costs Joint Costs Definition In accounting, a joint cost is a cost incurred in a joint process. Joint costs may include direct material, direct labor, and overhead costs incurred during a joint production process. A joint process is a production process in which
See Also: Accounting Principles Point of Sale Method (POS) Collection Method Percentage of Completion Method Completed Contract Method Installment Sales Definition The Installment Method of revenue recognition under the revenue principle deals with sales that require periodic payments over a specified time period usually established within a contract called the installment sales contract. Installment Sales
See Also: How to Keep Your Corporate Veil Closed Corporate Veil Employee Stock Ownership Plan (ESOP) Intrinsic Value- Stock Options Golden Parachute How to Hire New Employees Sales and Marketing Compensation Compensating sales and marketing employees is a critical, and complicated, issue for many companies. Sales incentives are very common today and many companies experience
See Also: Economic Order Quantity (EOQ) Sales Order Business Intelligence and Finance Mergers and Acquisitions (M&A) Delivery Order Definition The delivery order definition is the document which details the delivery information of an item, is very important in distribution. A delivery order is an important document in 2 ways: it has full details of how the
See Also: Delivered Duty Paid (DDP) Freight on Board (FOB) Delivery Order Ex Works (EXW) Cost of Goods Sold (COGS) Delivered Duty Unpaid Delivered Duty Unpaid or DDU is the contract assuming that a vendor or seller will assume transportation costs associated with an international or overseas sale. Furthermore, the buyer will assume all of
See Also: Freight on Board (FOB) Ex Works (EXW) Delivery Order Delivered Duty Unpaid (DDU) Cost of Goods Sold (COGS) Delivered Duty Paid (DDP) Definition Delivered Duty Paid or DDP means that a seller or vendor has assumed all of the liability as well as the costs associated with transportation internationally. Delivered Duty Paid (DDP)
See Also: Credit Memorandum (memo) Account Reconciliation Credit Sales Chart of Accounts (COA) Accounting Principles Account Reconcilement Definition Debit Memorandum (Memo) Definition A debit memorandum or memo is a form or document, sometimes called a debit memo invoice, that informs a buyer that the seller is debiting or increasing its amount in the accounts receivable,
See Also: Inventory Turnover Ratio Inventory to Working Capital Ratio How to Manage Inventory Days Sales Outstanding (DSO) Days Payables Outstanding (DPO) How to Develop Daily Cash Report 13 Week Cash Flow Report Supply Chain and Logistics Days Inventory Outstanding Days inventory outstanding (DIO), defined also as days sales of inventory, indicates how many days
See Also: Tax Brackets Marginal Tax Rate Deferred Income Tax Flat Tax Rates Company Valuation The capital gains definition is the proceeds from the sale of an asset. These gains can be realized from the sale of stocks, bonds, real estate, equipment, intangible assets, or other property. When the asset or property is sold, the
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