1. Net sales - cost of goods sold = Gross profit
Gross profit / Net sales = Gross profit ratio
Difference between revenue from sales and cost of goods sold is called "Gross profit".
The difference between intermediate goods and final goods is in their nature. Intermediate goods are finished goods which can be used to make other good like wool. The final goods are sold to consumers like a woolen coat.
the color
The difference between free and economic goods is the fact that, free goods don't cost us anything to be able to have and economic goods cost us to be able to get that service or good.
Yes
Cheese
With distribution the receiver of goods is the end user, whereas transport means goods can be moved to shippers as well.
How do you calculate cost of goods sold for a manufacture company
Labor
j876uiy6
Consumer Goods: whatever the things used or consumed by human is called consumer goods Durable goods: The goods which can be used for more than 3 years or which cannot be destroyed by one use is called Durable goods
People cannot be excluded from using goods while they can be excluded from using individual goods.