Examlex
If you hear a friend call someone a "Neanderthal," why might it conceivably be a compliment?
Cost Of Goods Sold
The cost of goods sold is the direct costs attributable to the production of the goods sold by a company, including material and labor costs.
Gross Profit
The financial gain obtained after subtracting the cost of goods sold from total sales revenue.
Ratio
A quantitative relationship between two numbers, often used in financial analysis to assess performance, financial health, and operational efficiency.
Income Statement
A financial report that shows a company's revenues and expenses over a specified period of time, resulting in net profit or loss.
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