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Which term refers to the decrease in value of goods after they are sold?

Depreciation


To adjust a companys LIFO cost of goods sold to FIFO cost of goods sold?

a decrease in the LIFO reserve is subtracted from LIFO cost of goods sold.


Cost of good sold?

Cost of goods sold refer to the carrying value of goods sold during a particular period. The beginning inventory + inventory purchases â?? end inventory equals cost of goods sold.


When bonds are sold for more than their face value the carrying value of the bonds is equal to What?

It prorated in it's decrease to face value


What is the definition of sale tax?

It is the tax which is levied on the value of goods or services which are sold.


How does supplies affect the price of a product?

A higher price will cause an increase in supply, assuming that all other factors remain constant. Likewise, a decrease in price will cause a decrease of supply and an increase in demand.


What term refers to goods produced inside of the U.S. that are sold and shipped for use in other countries?

American exports


Which term refers to goods produced inside of the U.S. that are sold and shipped for use in other countries?

Exports


If Cost of Goods Sold increase what happends to gross margin?

Basically, if Cost of Goods Sold increases, Profit will decrease unless the company/business increases how much they charge for the item and/or service.For example, if it originally cost a company $100 to make a computer that sold for $200, the profit margin is around $100. However if that cost of goods rises to say $150 and the company still on charges $200 for the product, then the profit margin is now only around $50. That is a crude and very unlikely scenario, but I hope it help explain what I was trying to say.


Did fisherman in jesus time get paid?

Sure. They either sold their fish or traded them for other goods with value to them.


Cost of goods sold in cost accounting?

Cost of goods sold.


What part od speech is merchandise?

"Merchandise" can be a noun or a verb, depending on how it is used in a sentence. As a noun, it refers to goods that are bought and sold. As a verb, it means to promote or sell goods.