Examlex
The axons of the olfactory neurons in your nose extend directly into your brain.
Gross Profit
The difference between the revenue earned from selling goods or services and the cost of goods sold, not including overhead or other indirect expenses.
Cost of Goods Sold
The direct monetary requirements for producing goods that a company sells, involving both materials and workforce.
Ending Inventory
The value of goods available for sale at the end of an accounting period, calculated as the beginning inventory plus purchases minus cost of goods sold.
Increases
An upward adjustment or rise in an account value, assets, revenue, or profits within a company's financial statements.
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