Too many founders wing it when it comes to financials; they have no idea how to explain them to investors. In this course, we’ll teach you how to build a basic financial model; read financial statements; and understand cash flow, balance sheets, and income statements.
Sales are the monetary sum of the goods or services that have been sold or exchanged with customers for money. It really means the action of getting money in exchange for a product or service. For example, selling 1.5 million products worth $2 each, results in sales of $3 million (1.5 million X 2).