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starfire

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starfire

Re: leucro post# 322883

Thursday, 06/17/2010 11:18:41 AM

Thursday, June 17, 2010 11:18:41 AM

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leucro, I think it better to be clarified/verified but the normal definition of Income = Gross Sales or Gross Sales is denoted as Income which is what the company earned for a given period. Now Net Sales/Income is Gross Sales/Income minus the Total Expenses. From what I have seen in financial statements.
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