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As discussed in the In Focus box on neurodiversity, Dawson's study using the Raven's Progressive Matrices test and Wechsler's intelligence test (WISC), showed that on average,autistic children scored fully thirty percentile points higher onthe Raven's test than they did on Wechsler's intelligence test.
Gross Profit on Sales
The difference between sales revenue and the cost of goods sold before deducting overheads, taxes, or interest.
FIFO Retail Inventory Method
An accounting method for valuing inventory where the first items purchased are the first ones to be sold.
Freight-in Charges
The costs associated with transporting inventory to the buyer's location, often included in the cost of goods purchased.
Ending Inventory
Ending inventory is the total value of goods available for sale at the end of an accounting period.
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