Accounting for acquisition costs is a process that includes adding up all discounts and subtracting closing costs to arrive at the total cost of acquisition. The line item does not include sales tax.

The term "cost of sales" is also used to describe the price of goods sold ... sold during a given period and is not addressed in any detail by generally accepted accounting principles (GAAP). Service ...

Net sales do not account for cost of goods sold, general expenses, and administrative expenses, which are analyzed with different effects on income statement margins. Costs Affecting Net Sales ...

Gross profit margin shows the money a company makes after accounting for its business costs. This metric is usually expressed as a percentage of sales and is also known as the gross margin ratio.