Examlex
_________________________ describes the large volume of data produced by every digital process, system, sensor, mobile device, and even social media exchange.
Freight-In
Freight-in refers to the shipping cost associated with getting raw materials or inventory to a company, which is added to the cost of goods.
Cost of Goods Sold
The expenses directly related to the manufacturing of products a company sells, which includes the cost of materials and labor.
Gross Profit
The difference between revenue and the cost of goods sold, indicating how efficiently a company produces goods.
Operating Expenses
Costs associated with a company's main operational activities, excluding direct materials, direct labor, and other direct costs, such as rent, utilities, and salaries.
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