The net price was lower than the offered price by the competitor so after some simple math we made our decision. 14 people found this helpful The net price of the washing machine was much lower than expected considering it had the highest sticker price of any other machine in the store.
net price: This definition explains what a net price is and how it fits in the pricing for a distribution channel and how it compares to other types of prices, such as the MSRP and the list price.
The price of a good or service after rebates, discounts, or other factors have been taken into account. The net price is sometimes distinguished from the original purchase price, which may be used to express the value of the good or service for purposes of accounting or record-keeping.
The net price of a product or service is the actual price that customers pay for the product or service. It is the final number after trade discounts are subtracted from the list price.
› the final price paid for goods or services after subtracting tax and any other costs: Their operating assets were sold for an estimated net price of $80 million, subject to accounting adjustments .
net price definition: the final price paid for goods or services after subtracting tax and any other costs: . Learn more.
In the case of college tuition, the sticker price is used as the starting point from which money from grants, scholarships, merit awards and work-study is subtracted to arrive at the net price. In business, the net price may also be called the net cost, as explained by AccountingTools.
Net sales are the sum of a company's gross sales minus its returns, allowances, and discounts. Revenues reported on the income statement often represent net sales. Net sales typically do not ...
Gross Price vs. Net Price. There is also a thing called net price. It's a little bit different than gross price. Your net price is defined as your gross price minus any benefits you gain from the ...
Essentially, investing in a net-net was a safe play in the short term because its current assets were worth more than its market price. In a sense, the long-term growth potential and any value ...