Examlex
What is DAGMAR an acronym for?
Cost of Merchandise Sold
The total cost of goods that have been sold during a specific period, including purchase price, transportation, and handling charges, less any discounts or allowances.
Cash Payment
The act of settling a debt or paying for goods or services with cash or equivalent instruments, such as checks.
Direct Method
A way of preparing the cash flow statement where actual cash flow information from operating activities is used instead of adjustments to net income.
Revenues
income that a business receives from its normal business activities, usually from the sale of goods and services to customers.
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