Network and broadcast stations were to include advertising sales net of commissions paid to agency representatives and brokers. Revenues also include the total value of service contracts, amounts received for work subcontracted to others and from repair services provided to others, and dues and assessment from members and affiliates. Revenues are net after deductions for refunds and allowances for merchandise returned by customers. Telephone service establishments were to exclude revenue collected on behalf of another company. Tax-exempt broadcast stations were to exclude contributions, gifts, grants, and other nonoperating income.
Sales are net after deductions for refunds and allowances for merchandise returned by customers.
Trade-in allowances are not deducted from total sales. Sales in retail trade files do not include retail sales made by manufacturers, wholesalers, service establishments, or other businesses whose primary activity is other than retail trade. They do include receipts other than from the sale of merchandise at retail, e.g., service receipts, sales to industrial users, and sales to other retailers, by establishments primarily engaged in retail trade. Sales are net after deductions for refunds and allowances for merchandise returned by customers. Trade-in allowances are not deducted from total sales.