Examlex
Write the correct abbreviation for ligament:
Gross Profit
The difference between total revenue and the cost of goods sold, representing the basic profit from sales before deducting any operating expenses.
Sales Revenue
The total amount of income generated by the sale of goods or services before deducting any expenses.
Cost of Goods Sold
Represents the direct costs attributable to the production of the goods sold by a company, including both materials and labor costs.
Perpetual Inventory System
An inventory accounting system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
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