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Evaluate.
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Inventory
The total amount of goods and materials held by a business for the purpose of resale or production, including raw materials, work-in-progress, and finished goods.
Cost of Goods Sold
Costs directly resulting from the production process of goods that a company sells, encompassing expenditure on labor and materials.
Operating Income
Income earned from a firm's core business operations, excluding deductions of interest and taxes.
Operating Expenses
The costs associated with the day-to-day operations of a business, excluding the costs of goods sold.
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