sainsburys

  1. H

    Formula require to work out selling price based on NOG

    NOG stands for Nett On Gross and is calculated by dividing cash margin ex VAT by retail sales including VAT. Whereas the standard method of working out retail margin is cash margin divided by retail sales excluding VAT. NOG example Retail Sales Price of Product X = £2.00 Less 20% VAT = £1.67...

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