Examlex
The term market means different things to different people.
Returns
The process of a customer returning previously purchased merchandise back to the seller, or the amount of profit generated from an investment.
Gross Margin Ratio
A financial indicator that calculates the disparity between sales and the cost of goods sold, represented as a portion of sales revenue.
Net Sales
The total revenue from sales reduced by returns, allowances for damaged or missing goods, and discounts.
FOB Destination
A shipping term where the seller pays for transportation of the goods to the buyer's location, and ownership of the goods transfers upon delivery.
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