A common figure in financial statements is the cost-of-goods sold; the COGS ratio is removed from a company's profits when calculating gross profit, which is a measure of profitability that assesses a ...
No aspect of business proves the adage "to make money you must spend money" truer than inventory; or more to the point – the cost of goods sold. Knowing how much your products cost to make and sell ...
Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The question of whether economics needs reform never seems to go away. The reason is simple. It is that the ...
How much is economics to blame for crises like the financial crash, inequality or even climate change? How does the discipline need to change in the light of challenges ranging from digital disruption ...
Businesses seek to generate profit. To do this, they sell goods to bring in revenue. But revenue and profit aren’t the same. To get from one to the other, you need to factor in the cost of goods sold ...