Will you be able to expand? Will you have to lay off staff? The percentage-of-sales method is a quick and simple way to make financial forecasts, but it's not as accurate as a slower, more ...

Even the most cautious businesses will sometimes sell products or services to deadbeats. Since it is impossible to identify accurately all bad apples in advance, generally accepted accounting ...

To determine the percent that is credit sales, divide the accounts receivables by sales. A business will account for their credit sales—known as net credit purchases—in their financial statement.