The direct costs of producing goods or services sold during a period. It includes raw materials, labor, and manufacturing overhead. COGS is subtracted from revenue to calculate gross profit. Managing it well is key to improving margins and overall profitability.
Cash management is the process of collecting, managing, and investing cash in a way that ensures a business has enough…
Contractual obligations refer to the legal duties a company is required to fulfill under agreements, such as leases, loan payments,…
Cost behavior refers to how costs change in relation to the volume of business activity, such as production or sales.…
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