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When was the printing press invented in Europe?
Gross Profit
The financial metric calculated by subtracting the cost of goods sold from net sales, representing the profit from selling goods before deducting operating expenses.
Ending Inventory
The value of goods available for sale at the end of an accounting period, calculated using a specific inventory valuation method.
FOB Destination
A shipping term indicating that the seller retains ownership and responsibility over the goods until they are delivered to the buyer's location, at which point the buyer takes over.
Ending Inventory Balance
The value of all the unsold goods that a company has in its possession at the end of an accounting period.
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