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Whose work resulted in a doomsday forecast?
Cost of Goods Sold
Direct expenses involved in the fabrication of goods a company markets, including costs for materials and labor.
Freight-In
The cost associated with transporting goods into a warehouse or business, typically included in the cost of goods sold (COGS).
Beginning Inventory
refers to the value of inventory on hand at the start of an accounting period.
Purchase Discounts
Reductions in price given by a supplier to a buyer for prompt payment of their invoice.
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