Examlex
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Cost of Goods Sold
The direct costs attributable to the production of the products sold by a company, including material and labor costs.
Net Income
The total earnings of a company after subtracting all expenses, including taxes and operational costs.
Operating Cycle
The duration of time it takes for a business to turn its inventory into cash through sales.
Merchandiser
A person or company involved in the purchase and sale of goods. In accounting, it refers to a business that sells finished goods to consumers.
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