Examlex
Costs can be classified as direct or indirect with respect to a particular cost object.
Profit
The financial gain realized when the revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Rate of Markdown
The percentage decrease from the original price to the sale price.
Operating Expenses
Costs associated with the day-to-day operations of a business or organization.
Wholesale Price
The cost of goods sold in large quantities, usually to retailers rather than directly to consumers.
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