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The action of any chemical messenger ultimately depends not on the nature of the messenger, but rather on the
Gross Profit
The difference between sales and the cost of goods sold, representing the profit from buying and selling goods before other expenses are taken out.
Cost of Merchandise Sold
The total expense incurred by a company to buy or manufacture the goods sold during a period.
Gross Profit
The difference between revenue from sales and the cost of goods sold, before deducting overhead, payroll, taxation, and interest payments.
Sales
The transactions involving the exchange of goods or services for money, reflecting the primary revenue source for most businesses.
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