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Once the company is well known and successful,it can go to a stock exchange to raise money via an initial public offer (IPO).
FG Inventory
Finished Goods Inventory, which represents the completed products that are ready to be sold but have not yet been sold.
Goods Purchased
The total value of all goods bought by a company for resale or for use in production.
Manufacturing Overhead
All the indirect costs associated with manufacturing a product, including indirect materials, labor, and expenses such as utilities and rent.
Product Costs
Product costs are the costs directly attributed to the creation of a product, including materials, labor, and overhead.
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