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Markup
The amount added to the cost price of goods to cover overhead and profit; calculated as a percentage of the cost.
Net Sales
The amount of sales generated by a company after deducting returns, allowances for damaged or missing goods, and discounts.
Beginning Inventory
The value of goods available for sale at the start of an accounting period.
Market Value
Market value is the current price at which an asset or service can be bought or sold.
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