Where is Sales on an Income Statement?

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Where is Sales on an Income Statement?

I'm making profitability ratios on profit margin on sales and the formula is Net income / Sales. I can't find sales. I'm using Callaway golf company and the income statement from Yahoo.
http://finance.yahoo.com/q/is?s=ELY&annual

2007-09-18 15:59:08 · 1 answers · asked by goliva24 2 in Business & Finance ➔ Other - Business & Finance

1 answers

Callaway didn't use the term Sales. Use Total revenue for your ratio calculation. So it'll be Net Income/Total revenue

2007-09-18 18:28:00 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋