Colleges like The Ohio State University are working hard to make tuition affordable to deserving students. Use our tool to get a quick guess about your actual costs and links to tools to get an even better estimate directly form the college. Get Your Estimate. Future projections are based on past four years' data averaging 2.61% annual change in in-state tuition and fees and 3.14% change in out-of-state tuition and fees.
Percentage of sales method of estimating uncollectible accounts receivable. The percentage of sales method of estimating uncollectible accounts receivable is based on the relationship between uncollectible accounts receivable and the credit sales that produced them.
Thus, if sales are to be reported separately from the income statement, the amount should be reported as net sales. The difference between gross sales and net sales can be of interest to an analyst, especially when tracked on a trend line.If the difference between the two figures is gradually increasing over time, it can indicate quality problems with products that are generating unusually large sales returns and allowances.ross sales are the grand total of all sale transactions reported in a period, without any deductions included within the figure. Net sales are defined as gross sales minus the following three deductions: 1  Sales allowances. 2  A reduction in the price paid by a customer, due to minor product defects.