If You Want to Be Able to Communicate Effectively with Customers,you

question 26

Short Answer

If you want to be able to communicate effectively with customers,you will need to anticipate not only their needs,but also how they _____.

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Definitions:

Gross Profit

The financial metric that represents the difference between revenue and the cost of goods sold (COGS) before deducting overhead, payroll, taxation, and interest payments.

Net Sales

The revenue a company earns from sales after subtracting the money refunded for returns, compensation for damaged or missing items, and any discounts offered.

Net Purchases

The total amount of purchases made by a business minus returns, allowances, and discounts.

Intraperiod Tax Allocation

The process of apportioning income taxes within a single fiscal period among different sections of a financial statement.