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Cost Of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including material and labor costs.
Break-even Point
The financial stage where total costs and total revenues are equal, meaning no net loss or gain has been achieved, often considered a minimum success point for a business venture.
Annual Sales
The total revenue generated from sales activities within a fiscal year, often used as a key performance indicator for businesses.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent or salaries.
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