pie_chart Entyce Food Ingredients Pty Ltd Financial Growth. . When the food is prepared, a Deliveroo courier collects the food and delivers it to the customer in the comfort of their own home, office, or wherever else they've chosen. Deliveroo is a food delivery company that serves as an intermediary between customers and restaurants. If you are raising capital for new food delivery service then you are going to need a business plan. The numbers found on a company's financial statements - balance sheet, income statement, and cash flow statement - are used to perform quantitative analysis and assess a company's liquidity, leverage, growth, margins, profitability, rates of return, valuation, and more. Data is organized Stock Screener. It also allows you to assess whether your food manufacturing business can support new debt. Industry Financial Ratios. Group expects the market to reach US$ 42.6 Billion by 2027, exhibiting a CAGR of 10.39% during 2022-2027. BALANCE DATE 6/30/2021 6/30/2020 6/30/2019; Total Revenue Growth: 8.26: . logistics industry Ratios The logistics industry or Trucking Industry, frequently operates on relatively thin margins. Expect fast food industry revenue to continue to grow year over year with more restaurants entering the market. Entyce Food Ingredients Pty Ltd - Financial Ratios. This document should include a three-year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, and business ratios page that showcases financial metrics that are common to this industry. Top Dividend Stocks. It indicates how well a company is able to pay its current bills.
A five-year forecast of the market and noted trends. Detailed research and segmentation for the main products and markets. The typical Grifols Plasma Processor salary is per hour. Also, the header photo is almost as important as your profile picture. The following table outlines some of the more important ratios from the Food Preparation industry. Cash conversion cycle (CCC). The major sources for industry ratios are books & e-books published by Dun and Bradstreet (D&B) & Risk Management Assoicaiton (RMA), and books published by Leo Troy (now published by the Commerce Clearing House). US Benchmarking Pro. According to these financial ratios Retail Food Group Limited's valuation is way below the market valuation of its sector. Definition. Use different ratios to calculate and assess your business's financial situation and have a place in decision making. 1 Objectives of the Study 1 According to TechNavio, the Delivery Food Market is expected to grow at a CAGR of 4 The world food delivery mobile application market is treading a growth path as technology has become an essential element of functioning of several industry sectors including the food industry org ) 52% of restaurant owners said high operating and . Return on assets ratio = Net income/ Total assets. Although the business is still in its improvement stage, evaluating $4 Restaurant types include self-service, assisted service, service at table , takeaways and home deliveries Food bankers, volunteers, and food pantries are on the front lines to bring food where it is needed most The global Food Delivery Mobile Application Market Size is expected to attain a . Using the app, customers place (and pay for) an order, which is then conveyed to the participating restaurant. CASE FINANCIAL RATIO ANALYSIS - FOOD RETAIL INDUSTRY (2012-2016) September 12, 2017 Alberto Calva Acus Consulting 1 of 13 www.AcusConsulting.com . Search: Food Delivery Statistics. Some numbers on the food industry in Malaysia: Malaysia imported RM 7.1 billion worth of cereal in 2018 followed by coffee, cocoa, tea & spices at RM 7 billion, and feedstock at RM 5.9 billion. Common types are: Gross margin ratio = Gross profit/Net sales. The market research report includes: Historical data and analysis for the key drivers of this industry. Ten years of annual and quarterly financial ratios and margins for analysis of Restaurant Brands (QSR). On the trailing twelve months basis Food Processing Industry's ebitda grew by 5 % in 1 Q 2022 sequentially, while total debt decreased, this led to improvement in Industry's Debt Coverage Ratio to 4.14 , above Food Processing Industry average Debt Coverage Ratio. Most food service directors inherit a foodservice system but may make modifications to that System or select and build a new system. The agreement also gives Amazon the option to .
In Partial Requirement For THSBSAP Submitted By: Alvarez Mark Gerald Miranda Kim Gerald Sia Myles K32 Introduction 1.1 Research Problem How would the four components of corporate social responsibility- customer . Statista is projecting it to reach more than $281.6 billion by the end of 2021. Globally, the market is $570 billion. Financial Strength : Food Processing Industry Companies who have reported financial resuslts in 2. It covers general statistics, including industry volumes by sales and income, and industry dynamics within the recent period. An assessment of the competitive landscape and market shares for major companies. The. c. ess to a paid database, do a search for "free business ratios" to find ratios for your industry. Liquidity . US Segment Benchmarking. The EV/EBITDA NTM ratio of Retail Food Group Limited is significantly lower than the average of its sector (Restaurants & Bars): 9.13. Born in AZ, raised in OH, Leif was a scholarship competitive sailor for the US Naval Academy. - Her family moved to Kobe, Japan, when she was a toddler. However, if the cost of debt financing outweighs the increased income generated, share values may decline. Say you have $100,000 in Total Assets, and $1,000,000 in Net Sales, your Assets to Sales would be 100,000 / 1,000,000 or 1 : 10 or 1/10 = .10 or 10%. 5 below this and consists of vertical 2x4s between 24 top and bottom plates. . Financial Ratios; Industry Averages; Competitive Landscape; Key Enterprise Personnel; Subsidiaries & Ownership Structure; The food delivery market has seen significant growth over the past five years Morgan Stanley also said food delivery providers need to consider the finances of a number of parties - food service providers, delivery drivers and customers WRAP is working with organisations in the food and drink industry to create economic and environmental . In Part 2 of this article, we'll walk through the 4 financial ratios that will benefit you most when managing your business. Cash conversion cycle (CCC). These days, orders are executed through mobile apps, websites or via telephone. The following table outlines some of the more important ratios from the Food Preparation industry.
The EV/EBITDA NTM ratio of Food & Drinks PCL is significantly lower than its historical 5-year average: N/A. Commodities. They also allow you to determine your company's performance and identify areas for improvement. There are in total over 70 financ ial ratios grouped into the . When you seek a short-term business loan, you will be asked to calculate your liquidity ratios to prove overall financial well-being. Financial ratios are grouped into the following categories . Data is organized Precious Metals. And of course, much more. 67 (5%) Sale 5. the correlation between a company's corporate social and financial performance: The Case of 1000 Top Earning Companies in the Philippines. Using the app, customers place (and pay for) an order, which is then conveyed to the participating restaurant. Financial Ratio Variable Name Category Formula After-tax Return on Invested D&B gives ratios for the largest number of industry groups. Quick ratio - current assets minus inventory, divided by current . The description of industry structure by company is included as well, establishing extent of market concentration and evaluating companies' market shares. In general, people report 0 earnings per month by donating plasma for money. Food and Drug Administration and other agencies to gather plasma from patients who have recovered from COVID-19 and test potential therapies for the disease, the pharmaceutical firm said on Wednesday. The report analyses Food and Beverages Industry in Malaysia. ELSS Fund. Profile picture or logo. Since the beginning of 2021, three containers with . In other words, Financial Ratios compare relationships . According to IBISWorld, the fast food industry in the United States is worth $278.6 billion dollars in 2021. Statista is projecting it to reach more than $281.6 billion by the end of 2021. Cash Flow KPIs. Market capitalization: $10,798,460,928. Exchange Rates. According to the Australian Food and Grocery Council's 2019 State of the Industry report, the food and beverage, grocery and fresh produce sector is worth $122 billion. Inventory (American English) or stock (British English) refers to the goods and materials that a business holds for the ultimate goal of resale, production or utilisation.. Below is the D/E ratio of three of the . Overview . Expect fast food industry revenue to continue to grow year over year with more restaurants entering the market. (Biz New Orleans, 2021) Everyone needs a job.
Fill-in-the-Blank Contests. WRDS Industry Financial Ratio . Interest Rates. Starting from 3 hours delivery 450+ experts on 30 subjects .
Quarter 2022 for Food Processing Industry was $ 1,290,531, Total Ranking #0 and ranking within sector #0. He is a trained parachutist, and tells of his religious calling to embark upon a 40 day fast . Our integrated Food Delivery Excel Pro Forma Template includes and connects everything you need for investors' meeting. Restaurants Industry increased Operating Margin through reduction in operating costs and despite contraction in Operating Profit by -15.31 % and Revenue 0.32 %. United States Online Food Delivery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027. . . According to IBISWorld, the fast food industry in the United States is worth $278.6 billion dollars in 2021. It has financial assumptions, proformas, calculations, cash flow forecasts, and other templates. "ID","NameEn","NameFr","LeadDeptNameEn","LeadDeptNameFr","yearfrom","yearto","DescriptionEn","DescriptionFr","PlanDescriptionEn","PlanDescriptionFr" "3 . A liquidity ratio - a useful indication of a company's ability to manage short-term obligations - provides important information about business strength. Csr: Food and Beverage Industry.
Delivery Hero is listed on the PINK, has a trailing 12-month revenue of around USD$5.9 billion and employs 52,007 staff. US Company Benchmarking. Quick Ratio is at 0.23, Total Ranking at #0 and ranking within sector #0. Rustic Transitional. Search: Food Delivery Statistics. Deliveroo is a food delivery company that serves as an intermediary between customers and restaurants. Funded Debt to EBITDAR: Full service - 5.2 / QSR - 5.7 This metric measures the ability to cover fixed charges (debt service and rent) over the long term. According to the Australian Food and Grocery Council's 2019 State of the Industry report, the food and beverage, grocery and fresh produce sector is worth $122 billion. Careers in Lodging and Food and Beverage Industries Name School HTM 100 Professor Name February 3, 2013 Careers in Lodging and . Average industry financial ratios for 'Food Stores' industry sector. Apr 13, 2022 (The Expresswire) -- "Final Report will add the analysis of the impact of Pre and Post COVID-19 on this Food Delivery industry/market." Global. The food delivery Excel startup financial model is a very sophisticated planning tool to obtain a company's quick and reliable financial results. 5 . 1 2 The ratio is higher for a company that owns the structure in which . The cost of debt can vary with market conditions. Prices; Food delivery is a courier service in which stores, restaurants, or third-party applications delivers food to consumers on demand. Essay on Beverage Industry Financial Ratio Report The soft drink industry is more than a business, it is part of American history and American culture.
Industry Data Wizard. CASE FINANCIAL RATIO ANALYSIS - FOOD RETAIL INDUSTRY (2012-2016) September 12, 2017 Alberto Calva Acus Consulting . WRDS Research Team . Definition. Deliveries include cooked dishes as well as groceries from supermarkets. Search: Food Delivery Statistics. The total number of hours worked for restaurants dropped by 40% by March 17, 2020, as restaurants were ordered to close. An example of a liquidity ratio is the current ratio. Food delivery is a courier service in which stores, restaurants, or third-party applications delivers food to consumers on demand. When the food is prepared, a Deliveroo courier collects the food and delivers it to the customer in the comfort of their own home, office, or wherever else they've chosen. Quarter 2022 Revenue per Employee in the 2. Industry profile ratios based on the Standard Industrial Classification (SIC) code 2099, Food Preparation, are shown for comparison. Companies can access online business databases to obtain this information and research their industry. Economy. August 2016 . 1characteristics of food production and beverage service systems A foodservice director has many options for food production and service. INVEST NOW. Tip: If you don't have ac.
Our integrated Food Delivery Excel Pro Forma Template includes and connects everything you need for investors' meeting. Financial turmoil in the food-delivery industry is presenting new opportunities for Amazon.. Accommodation & Food Services; Administration & Business Support Services; Agriculture, Forestry, Fishing & Hunting . These days, orders are executed through mobile apps, websites or via telephone. This document should include a three-year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, and business ratios page that showcases financial metrics that are common to this industry. Business ratios for the years of this plan are shown below. ADF Foods Industries Key Financial Ratios, ADF Foods Industries Financial Statement & Accounts. DGAP-News: Ekosem-Agrar AG / Key word(s): Strategic Company Decision04.05.2021 / 09:50 The issuer is solely responsible for the content of this announcement.Ekosem-Agrar concludes new contracts for the export of dairy products to China Walldorf, 4 May 2021 - Ekosem-Agrar Group is expanding the export of its dairy products to neighboring China. The EV/EBITDA NTM ratio of Retail Food Group Limited is significantly lower than the average of its sector (Restaurants & Bars): 9.13. Leif Harrison has entered the world of the Hemp business after a multi-varied work experience in both high-level corporate business and post US Navy career. For example in today's environment it is very difficult to find adequate labour which is forcing school . Delivery Hero stock opened the day at $129.71 after a previous close of $129.71. Restaurants Industry increased Operating Margin through reduction in operating costs and despite contraction in Operating Profit by -15.31 % and Revenue 0.32 %. Food Processing Industry Debt Coverage Statistics as of 1 Q 2022. Business ratios for the years of this plan are shown below. The Three Most Important Print Sources for Financial and Operating Ratios. Some of the most common are: Current ratio - current assets divided by current liabilities.
Industry profile ratios based on the Standard Industrial Classification (SIC) code 2099, Food Preparation, are shown for comparison. As of August 2019, Malaysia's food imports have reached RM34.2 billion, indicating increased dependency on food purchases. For example, an Assets to Sales Ratio = Total Assets / Net Sales.
A five-year forecast of the market and noted trends. Detailed research and segmentation for the main products and markets. The typical Grifols Plasma Processor salary is per hour. Also, the header photo is almost as important as your profile picture. The following table outlines some of the more important ratios from the Food Preparation industry. Cash conversion cycle (CCC). The major sources for industry ratios are books & e-books published by Dun and Bradstreet (D&B) & Risk Management Assoicaiton (RMA), and books published by Leo Troy (now published by the Commerce Clearing House). US Benchmarking Pro. According to these financial ratios Retail Food Group Limited's valuation is way below the market valuation of its sector. Definition. Use different ratios to calculate and assess your business's financial situation and have a place in decision making. 1 Objectives of the Study 1 According to TechNavio, the Delivery Food Market is expected to grow at a CAGR of 4 The world food delivery mobile application market is treading a growth path as technology has become an essential element of functioning of several industry sectors including the food industry org ) 52% of restaurant owners said high operating and . Return on assets ratio = Net income/ Total assets. Although the business is still in its improvement stage, evaluating $4 Restaurant types include self-service, assisted service, service at table , takeaways and home deliveries Food bankers, volunteers, and food pantries are on the front lines to bring food where it is needed most The global Food Delivery Mobile Application Market Size is expected to attain a . Using the app, customers place (and pay for) an order, which is then conveyed to the participating restaurant. CASE FINANCIAL RATIO ANALYSIS - FOOD RETAIL INDUSTRY (2012-2016) September 12, 2017 Alberto Calva Acus Consulting 1 of 13 www.AcusConsulting.com . Search: Food Delivery Statistics. Some numbers on the food industry in Malaysia: Malaysia imported RM 7.1 billion worth of cereal in 2018 followed by coffee, cocoa, tea & spices at RM 7 billion, and feedstock at RM 5.9 billion. Common types are: Gross margin ratio = Gross profit/Net sales. The market research report includes: Historical data and analysis for the key drivers of this industry. Ten years of annual and quarterly financial ratios and margins for analysis of Restaurant Brands (QSR). On the trailing twelve months basis Food Processing Industry's ebitda grew by 5 % in 1 Q 2022 sequentially, while total debt decreased, this led to improvement in Industry's Debt Coverage Ratio to 4.14 , above Food Processing Industry average Debt Coverage Ratio. Most food service directors inherit a foodservice system but may make modifications to that System or select and build a new system. The agreement also gives Amazon the option to .
In Partial Requirement For THSBSAP Submitted By: Alvarez Mark Gerald Miranda Kim Gerald Sia Myles K32 Introduction 1.1 Research Problem How would the four components of corporate social responsibility- customer . Statista is projecting it to reach more than $281.6 billion by the end of 2021. Globally, the market is $570 billion. Financial Strength : Food Processing Industry Companies who have reported financial resuslts in 2. It covers general statistics, including industry volumes by sales and income, and industry dynamics within the recent period. An assessment of the competitive landscape and market shares for major companies. The. c. ess to a paid database, do a search for "free business ratios" to find ratios for your industry. Liquidity . US Segment Benchmarking. The EV/EBITDA NTM ratio of Retail Food Group Limited is significantly lower than the average of its sector (Restaurants & Bars): 9.13. Born in AZ, raised in OH, Leif was a scholarship competitive sailor for the US Naval Academy. - Her family moved to Kobe, Japan, when she was a toddler. However, if the cost of debt financing outweighs the increased income generated, share values may decline. Say you have $100,000 in Total Assets, and $1,000,000 in Net Sales, your Assets to Sales would be 100,000 / 1,000,000 or 1 : 10 or 1/10 = .10 or 10%. 5 below this and consists of vertical 2x4s between 24 top and bottom plates. . Financial Ratios; Industry Averages; Competitive Landscape; Key Enterprise Personnel; Subsidiaries & Ownership Structure; The food delivery market has seen significant growth over the past five years Morgan Stanley also said food delivery providers need to consider the finances of a number of parties - food service providers, delivery drivers and customers WRAP is working with organisations in the food and drink industry to create economic and environmental . In Part 2 of this article, we'll walk through the 4 financial ratios that will benefit you most when managing your business. Cash conversion cycle (CCC). These days, orders are executed through mobile apps, websites or via telephone. The following table outlines some of the more important ratios from the Food Preparation industry.
The EV/EBITDA NTM ratio of Food & Drinks PCL is significantly lower than its historical 5-year average: N/A. Commodities. They also allow you to determine your company's performance and identify areas for improvement. There are in total over 70 financ ial ratios grouped into the . When you seek a short-term business loan, you will be asked to calculate your liquidity ratios to prove overall financial well-being. Financial ratios are grouped into the following categories . Data is organized Precious Metals. And of course, much more. 67 (5%) Sale 5. the correlation between a company's corporate social and financial performance: The Case of 1000 Top Earning Companies in the Philippines. Using the app, customers place (and pay for) an order, which is then conveyed to the participating restaurant. Financial Ratio Variable Name Category Formula After-tax Return on Invested D&B gives ratios for the largest number of industry groups. Quick ratio - current assets minus inventory, divided by current . The description of industry structure by company is included as well, establishing extent of market concentration and evaluating companies' market shares. In general, people report 0 earnings per month by donating plasma for money. Food and Drug Administration and other agencies to gather plasma from patients who have recovered from COVID-19 and test potential therapies for the disease, the pharmaceutical firm said on Wednesday. The report analyses Food and Beverages Industry in Malaysia. ELSS Fund. Profile picture or logo. Since the beginning of 2021, three containers with . In other words, Financial Ratios compare relationships . According to IBISWorld, the fast food industry in the United States is worth $278.6 billion dollars in 2021. Statista is projecting it to reach more than $281.6 billion by the end of 2021. Cash Flow KPIs. Market capitalization: $10,798,460,928. Exchange Rates. According to the Australian Food and Grocery Council's 2019 State of the Industry report, the food and beverage, grocery and fresh produce sector is worth $122 billion. Inventory (American English) or stock (British English) refers to the goods and materials that a business holds for the ultimate goal of resale, production or utilisation.. Below is the D/E ratio of three of the . Overview . Expect fast food industry revenue to continue to grow year over year with more restaurants entering the market. (Biz New Orleans, 2021) Everyone needs a job.
Fill-in-the-Blank Contests. WRDS Industry Financial Ratio . Interest Rates. Starting from 3 hours delivery 450+ experts on 30 subjects .
Quarter 2022 for Food Processing Industry was $ 1,290,531, Total Ranking #0 and ranking within sector #0. He is a trained parachutist, and tells of his religious calling to embark upon a 40 day fast . Our integrated Food Delivery Excel Pro Forma Template includes and connects everything you need for investors' meeting. Restaurants Industry increased Operating Margin through reduction in operating costs and despite contraction in Operating Profit by -15.31 % and Revenue 0.32 %. United States Online Food Delivery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027. . . According to IBISWorld, the fast food industry in the United States is worth $278.6 billion dollars in 2021. It has financial assumptions, proformas, calculations, cash flow forecasts, and other templates. "ID","NameEn","NameFr","LeadDeptNameEn","LeadDeptNameFr","yearfrom","yearto","DescriptionEn","DescriptionFr","PlanDescriptionEn","PlanDescriptionFr" "3 . A liquidity ratio - a useful indication of a company's ability to manage short-term obligations - provides important information about business strength. Csr: Food and Beverage Industry.
Delivery Hero is listed on the PINK, has a trailing 12-month revenue of around USD$5.9 billion and employs 52,007 staff. US Company Benchmarking. Quick Ratio is at 0.23, Total Ranking at #0 and ranking within sector #0. Rustic Transitional. Search: Food Delivery Statistics. Deliveroo is a food delivery company that serves as an intermediary between customers and restaurants. Funded Debt to EBITDAR: Full service - 5.2 / QSR - 5.7 This metric measures the ability to cover fixed charges (debt service and rent) over the long term. According to the Australian Food and Grocery Council's 2019 State of the Industry report, the food and beverage, grocery and fresh produce sector is worth $122 billion. Careers in Lodging and Food and Beverage Industries Name School HTM 100 Professor Name February 3, 2013 Careers in Lodging and . Average industry financial ratios for 'Food Stores' industry sector. Apr 13, 2022 (The Expresswire) -- "Final Report will add the analysis of the impact of Pre and Post COVID-19 on this Food Delivery industry/market." Global. The food delivery Excel startup financial model is a very sophisticated planning tool to obtain a company's quick and reliable financial results. 5 . 1 2 The ratio is higher for a company that owns the structure in which . The cost of debt can vary with market conditions. Prices; Food delivery is a courier service in which stores, restaurants, or third-party applications delivers food to consumers on demand. Essay on Beverage Industry Financial Ratio Report The soft drink industry is more than a business, it is part of American history and American culture.
Industry Data Wizard. CASE FINANCIAL RATIO ANALYSIS - FOOD RETAIL INDUSTRY (2012-2016) September 12, 2017 Alberto Calva Acus Consulting . WRDS Research Team . Definition. Deliveries include cooked dishes as well as groceries from supermarkets. Search: Food Delivery Statistics. The total number of hours worked for restaurants dropped by 40% by March 17, 2020, as restaurants were ordered to close. An example of a liquidity ratio is the current ratio. Food delivery is a courier service in which stores, restaurants, or third-party applications delivers food to consumers on demand. When the food is prepared, a Deliveroo courier collects the food and delivers it to the customer in the comfort of their own home, office, or wherever else they've chosen. Quarter 2022 Revenue per Employee in the 2. Industry profile ratios based on the Standard Industrial Classification (SIC) code 2099, Food Preparation, are shown for comparison. Companies can access online business databases to obtain this information and research their industry. Economy. August 2016 . 1characteristics of food production and beverage service systems A foodservice director has many options for food production and service. INVEST NOW. Tip: If you don't have ac.
Our integrated Food Delivery Excel Pro Forma Template includes and connects everything you need for investors' meeting. Financial turmoil in the food-delivery industry is presenting new opportunities for Amazon.. Accommodation & Food Services; Administration & Business Support Services; Agriculture, Forestry, Fishing & Hunting . These days, orders are executed through mobile apps, websites or via telephone. This document should include a three-year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, and business ratios page that showcases financial metrics that are common to this industry. Business ratios for the years of this plan are shown below. ADF Foods Industries Key Financial Ratios, ADF Foods Industries Financial Statement & Accounts. DGAP-News: Ekosem-Agrar AG / Key word(s): Strategic Company Decision04.05.2021 / 09:50 The issuer is solely responsible for the content of this announcement.Ekosem-Agrar concludes new contracts for the export of dairy products to China Walldorf, 4 May 2021 - Ekosem-Agrar Group is expanding the export of its dairy products to neighboring China. The EV/EBITDA NTM ratio of Retail Food Group Limited is significantly lower than the average of its sector (Restaurants & Bars): 9.13. Leif Harrison has entered the world of the Hemp business after a multi-varied work experience in both high-level corporate business and post US Navy career. For example in today's environment it is very difficult to find adequate labour which is forcing school . Delivery Hero stock opened the day at $129.71 after a previous close of $129.71. Restaurants Industry increased Operating Margin through reduction in operating costs and despite contraction in Operating Profit by -15.31 % and Revenue 0.32 %. Food Processing Industry Debt Coverage Statistics as of 1 Q 2022. Business ratios for the years of this plan are shown below. The Three Most Important Print Sources for Financial and Operating Ratios. Some of the most common are: Current ratio - current assets divided by current liabilities.
Industry profile ratios based on the Standard Industrial Classification (SIC) code 2099, Food Preparation, are shown for comparison. As of August 2019, Malaysia's food imports have reached RM34.2 billion, indicating increased dependency on food purchases. For example, an Assets to Sales Ratio = Total Assets / Net Sales.