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Cost of Goods Sold
Represents the total cost directly tied to the production or acquisition of the goods sold by a company during a specific period.
Sales
The activities involved in selling goods or services in return for money or other compensation, serving as a primary revenue source for businesses.
Inventory
The raw materials, work-in-progress goods, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including materials and labor expenses.
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