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Cost of Goods Sold
Cost of Goods Sold (COGS) is the direct costs attributable to the production of the goods sold by a company, including the cost of the materials and labor directly used to create the good.
Accounts Receivable
Outstanding amounts due to a firm from customers for goods or services already delivered.
Cost of Goods Sold
Costs directly associated with the manufacturing of products that a business sells.
Collection Period
The standard timeframe for a corporation to collect receivables from its clientele.
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