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Direct __________ proceedings are usually handled summarily by courts.
Cost of Goods Sold
The exact costs incurred in the creation of a company’s sold goods, including the expenses for materials and labor.
Average Inventory
An estimation of the amount of inventory a company typically holds over a specific period, calculated as the average of the beginning and ending inventory.
Net Income
The company's net income, calculated by deducting all costs, taxes, and losses from its total revenue.
Profit Margin
A financial metric showing the percentage of revenue that exceeds the costs of goods sold, indicating the profitability of a company.
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