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Identify/define and explain the significance of the following: Emilio Aguinaldo.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including materials, labor, and manufacturing overhead.
Markdown
A reduction in the selling price of goods, often used as a strategy to clear inventory or stimulate sales.
Net Margin
A profitability metric calculated as net income divided by revenue, expressed as a percentage, indicating the percentage of revenue that translates into profit.
Full Selling Price
The total cost to the consumer to purchase a product or service, including any taxes, fees, or additional charges.
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