Examlex
A simultaneous increase in both the supply of and the demand for vitamin water would cause an increase in the equilibrium quantity of vitamin water.
Cost-To-Retail Ratio
A method used to estimate the ending inventory of a business, calculated by dividing the cost of goods available for sale by the retail price of the goods.
Gross Profit Rate
The ratio of gross profit to net sales, used to assess a company's financial health by indicating the efficiency of its production process.
Gross Profit
The financial difference between sales and the cost of goods sold, indicating the efficiency of a company in managing its production and inventory.
Estimated Cost
An approximation of the monetary value required to complete a task, make a product, or provide a service.
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