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Using the Internet, "we'll be watching the early sales returns."
In other cases, executives had inflated earnings by manipulating the amounts set aside for future costs like loan losses, sales returns or warranty costs.
For a merchandising company, subtracted costs may be the cost of goods sold, sales discounts, and sales returns and allowances.
Net sales are gross sales minus sales returns, sales allowances, and sales discounts.
Sales Returns and Allowances and Sales Discounts are contra-revenue accounts.
One of the problems, he said, was companies creating illusions on their books by using unrealistic assumptions to estimate liabilities for loan losses, sales returns and warranty costs.
But for less partisan views of European preferences, it is instructive to turn to the sales returns from a couple of countries with no tradition of vehicle manufacturing.
Revenue or Sales reported on the income statement are net sales after deducting Sales Returns and Allowances and Sales Discounts.
By understanding how various characteristics of the population reflect their tastes, demographic marketers get an idea of the probability of the sales returns of a launched product in a given area.
If, on the other hand, there are pressures on the salesperson, perhaps because of low sales returns, then a buyer should be able to extract extremely favourable terms during negotiations in return for purchasing from him.