Examlex
Phosphorylation is a necessary component of any enzyme activation.
Gross Profit
The financial performance metric that subtracts the cost of goods sold (COGS) from revenue, indicating how efficiently a company produces or sources its products.
Gross Margin
The difference between sales revenue and cost of goods sold, shown as a value or percentage, indicating the efficiency of sales relative to production costs.
Gross Sales
Gross sales represent the total sales revenue of a company without any deductions for returns, allowances, or discounts.
Periodic Inventory System
A method of inventory accounting where updates to inventory levels are made periodically at the end of an accounting period, rather than continuously.
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