percent-of-sales method
percent-of-sales method
Finance dictionary of financial terms
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Economics and finance
Definition of percent-of-sales method
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.
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
Finance dictionary of financial terms index
Definition and meaning of percent-of-sales method
Meaning of percent-of-sales method
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