Examlex
Which of the following statements with regard to vision is FALSE?
COGS
Cost of Goods Sold (COGS) refers to the direct costs associated with the production of goods sold by a company, including material and labor costs.
Gross Margin
Revenue less cost where cost is spending closely associated with production. Stated in dollars or as a percent of revenue. A fundamental measure of a business’s strength.
Net Income
The total profit of a company after all expenses and taxes have been deducted from revenues.
Dividends
Monetary distributions from a company to its shareholders, often based on the profits of the business.
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