| 1. | It often goes by another name, Cost of goods sold or COGS.
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| 2. | In accounting, the gross margin refers to sales minus cost of goods sold.
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| 3. | Businesses selling goods reduce gross income directly by the cost of goods sold.
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| 4. | The methodology applied is based on historical cost of goods sold.
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| 5. | Gross profit, or revenue after the cost of goods sold, rose 2.5 percent.
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| 6. | Profit margin is the percentage of revenue left after cost of goods sold.
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| 7. | The cost of goods sold fell 3 . 5 percent.
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| 8. | This deducted amount is added to Cost of Goods Sold.
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| 9. | Coors's cost of goods sold fell 3 . 5 percent.
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| 10. | The cost of goods sold in a business is a direct reduction of gross income.
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