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