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BNET Business Dictionary
- Cost Of Goods Sold
- for a retailer, the cost of buying and acquiring the goods it sells to its customers
- Cost Of Goods Sold definition on BNET »
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- Calculating the Cost of Goods Sold
- For manufacturers, “cost of goods sold” COGS is the cost of buying raw materials and manufacturing finished products. For retailers, it’s the cost of obtaining or buying the products sold to customers. If the company is in a service industry, COGS is the cost of the service it offers.COGS can...
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