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Either Thomas Edison or Samuel F

question 16

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Either Thomas Edison or Samuel F. B. Morse invented the telegraph. But it wasn't Edison. Therefore, Morse invented the telegraph.


Definitions:

Cost of Goods Sold

The direct monetary outlays for the creation of goods a company markets, including costs for labor and materials.

Cost of Goods Sold

Costs directly incurred from the process of manufacturing goods that a company sells, including the costs of materials and labor.

Merchandise Sales

The revenue generated from selling goods that a company has purchased or produced for resale.

Gross Margin

The difference between revenue and cost of goods sold, which represents the total profit before deducting operating expenses.

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