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A quality "guru" known for developing and promoting the PDCA cycle is
Gross Profit
The difference between sales revenue and the cost of goods sold before deducting operating expenses, interest, and taxes.
Period
A specific duration of time used for financial reporting and analysis, typically a fiscal quarter or year.
Cost of Goods Sold
Direct expenditures linked to the creation of goods sold by a business.
Calculate
To determine something mathematically, such as a sum, total, or other numeric value.
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