Yes, they would reduce the amount if purchases which is also in Cost of Goods Sold.
yes, SALES-SALES RETURNS- COST OF GOODS SOLD
Inward looking means self sufficient i.e producing goods sufficient to their country less imports. outward looking means increase in exports.
manufactured goods cost less to make than handmade goods
Revenue less Cost of Sales (or Cost of Goods Sold).
Cost of goods less inventory divided by Gross Food Sales
Gross Profit
Cost of goods sold is opening stock plus purchases of inventories and other carriage costs less closing stock. Cost of sales therefore is not an operating expense...
Lack of tariffs on the american products. tariffs are taxes essentially on foriegn goods. this makes american goods cost less
Lack of tariffs on the american products. tariffs are taxes essentially on foriegn goods. this makes american goods cost less
Gross profit or gross margin.
When goods or services in general cost less in the deflated currency than previously.
Cost of Goods sold is made up of The purchase price of the items ,cost of brinnging goods to pint of sale(carriage inwards) and value ofgoods that might be in stock at begging of period in question less the valueof goods that stillremain as carrying invetontory at end of period in question.