Examlex
Classify each pair of sets as equal, equivalent, or neither.
{a, b, c, d, e} and {5, 4, 3, 2, 1}
Cost of Goods Sold
The direct expenses associated with manufacturing the products sold by a business.
Beginning Inventory
The cost of commodities available for trading at the commencement of an accounting interval.
Ending Inventory
The value of goods available for sale at the end of an accounting period, calculated by adding purchases to beginning inventory and subtracting the cost of goods sold.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period.
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