Advertising

Percent of sales method

• A method for developing the pro forma income statement that assumes all expenses remain the same percent of sales in the forecast year as they were in the most recent fiscal year.

 
 Embedded terms in definition
 Expenses
Fiscal year
Income statement
Income
Sales
 
 Related Terms
 

<< Pension sponsors Percent payout >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Don't ever take a fence down until you know why it was put up. - Robert Frost (1874-1963)

Advertising



Copyright 2009-2019 GVC. All rights reserved.