The Income/Outcome^® Contextuary

a visual glossary of corporate finance

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This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.

We use "business visualization" to graphically simplify complex business concepts (and increase business acumen). To get more information on business visualization, please see "The Company Board" (our business results visualizer) and Income/Outcome (our customizable business simulation).

The following are our generic explanations of common corporate financial terminology. Actual meanings can vary wildly from company to company; in order to have the correct internal definition you need to ask your Finance Department, "What do you mean by that?"

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Total Sales

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Revenues from the sale of goods and services which are part of the company’s regular operations.

What do you mean by that? The term ‘Sales’ generally refers to Net Sales which is the number used in the Financial Statements.

The term ‘Total Sales’ could refer to Gross Sales or ns.

Full it flag term list.

The Income/Outcome® Contextuary

a visual glossary of corporate finance

Total Sales

The Income/Outcome^® Contextuary