Examlex
Which of the following are important functions of sleep?
Gross Profit
The financial gain obtained after subtracting the cost of goods sold from total revenue, indicating the efficiency of a company in managing its production and labor costs.
Net Sales
The amount of sales revenue remaining after deducting returns, allowances, and discounts from total sales.
Cost Of Goods Sold
Cost of goods sold (COGS) is the direct cost attributable to the production of the goods sold by a company, including the cost of materials and labor.
Gross Profit
The financial gain a company achieves after subtracting the cost of goods sold from its total revenue.
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