Business Growth and Profitability

These flashcards cover essential vocabulary related to business growth, financial metrics, and profitability as discussed in the lecture notes.

Net Income

The total profit of a business after all expenses have been deducted from revenues.

Net Sales

The revenue from sales after deducting returns, allowances, and discounts.

Profit Margin

A financial ratio that represents the percentage of profit per dollar of sales.

Return on Sales

A measure of how efficiently a company is generating profit from its sales.

Special Pricing

Negotiated prices that are offered to attract or retain customers, particularly in international sales.

Operating Results

The financial performance of a company based on its core business operations.