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Comte and Mach had in common the belief that:
Net Purchases
The total amount of goods purchased for resale, minus returns and allowances, plus freight and other acquisition costs.
Net Sales
Net sales is the total revenue from goods and services sold by a business, minus returns, allowances, and discounts, indicating the actual sales revenue.
Cost Of Goods Sold
The direct costs attributable to the production of goods sold by a company, including material, labor, and overhead costs.
Gross Profit Rate
A financial metric that measures a company's gross profit as a percentage of its net sales, indicating the efficiency of production and pricing.
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