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Jasmine is trying to manage all the information that came across her desk while she was gone. She has taken the phone messages and stacked them in priority order, assigned priorities to her e-mail and sorted it accordingly, and asked her secretary to hold any calls that didn't need immediate attention. Jasmine is managing her communication overload through omission and redundancy.
Gross Profit
The income left over for a company once it has covered the costs involved in manufacturing and selling its products, or in offering its services.
Merchandise Sold
Products or goods that have been sold to customers, typically referring to transactions within the retail or wholesale sector.
Cost of Goods Sold
Directly incurred costs associated with the production of a company’s goods for sale, comprising material and labor expenses.
FOB Shipping Point
A term used in shipping contracts to indicate that the buyer is responsible for the goods and the shipping cost from the moment the goods leave the seller's premises.
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