The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

PERCENTAGE OF SALES METHOD Definition & Legal Meaning

Definition & Citations:

A general method of predicting the requirements of cash, commonly done by expressing the expenses and the revenue as a percentage of the sales, and then using the percentage as an income statement.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.