Cost of good sold cogs Study guides, Class notes & Summaries
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COB 242 - Exam 1 Already Passed
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COB 242 - Exam 1 Already Passed Gross Margin % (Revenue - COGS) ÷ Revenue 
indicates how much of each sales dollar is left after deducting the cost of goods sold to cover expenses and provide a profit. 
Units: % 
Earnings Per Share (Net Income - Dividends on Preferred Stock) ÷ Average Outstanding Shares 
This measure indicates how much income was earned for each share of common stock outstanding. 
Units: $ 
Working Capital Current Assets - Current Liabilities 
measure of both a company's effic...
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ADVENTIS FINANCIAL MODELING COURSE WITH 100% CORRECT ANSWERS.
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Cash on Cash Multiple 
How much an investor receives in proceeds upon exiting the investment compared to its initial investment; it is not dependent on when the exit actually occurs 
 
 
 
Income Statement 
Presents the results from operations (profitability) over a period of time. Purpose is to show stakeholders whether the company made or lost money during the period being reported. Represents how revenues are transformed into Net Income. 
 
 
 
 
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IDIS 240 Final Exam – Vestal Questions with Complete Solutions 100%
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IDIS 240 Final Exam – Vestal Questions with Complete Solutions 100% 
Cash Flow - Correct Answer Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank 
 
List Price - Correct Answer The retail price listed 
 
selling price - Correct Answer list price - trade discounts 
 
Net price - Correct Answer = selling price - allowable discounts (cash discounts) 
Net Sale 
 
Cost of Good Sold (COGS) - Correct Answer = Cost of Merchandise + Freight from Manuf...
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IDIS 240 Final Exam – Vestal Latest Version Graded A+
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IDIS 240 Final Exam – Vestal Latest 
 
Version Graded A+ 
 
Cash Flow Cash in bank > purchased inventory > sold inventory > accounts receivable > 
cash in bank 
 
List Price The retail price listed 
 
selling price list price - trade discounts 
 
Net price = selling price - allowable discounts (cash discounts) 
Net Sale 
 
Cost of Good Sold (COGS) = Cost of Merchandise + Freight from Manufacturer 
 
Trade Discounts specify term of sale and change of price with how they see fit. 
 
...
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CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers,100% CORRECT
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CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers 
 
Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) 
 
Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ 
 
Larger ratio is better 
 
If (Rₜ) is risk free rate, then it becomes Sharpe Ratio 
 
Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ 
 
Larger ratio is better 
 
If (Rt) is higher than RFR, then it becomes Safety First Ratio 
 
Centra...
And that's how you make extra money
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IDIS 240 Final Exam – Vestal Questions and Answers with Complete Solutions Graded A 2024
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Cash Flow - Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank 
 
List Price - The retail price listed 
 
selling price - list price - trade discounts 
 
Net price - = selling price - allowable discounts (cash discounts) 
Net Sale 
 
Cost of Good Sold (COGS) - = Cost of Merchandise + Freight from Manufacturer 
 
Trade Discounts - specify term of sale and change of price with how they see fit. 
 
Cash Discounts - given to encourage buyers to prom...
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IDIS 240 Final Exam – Vestal Correctly Answered Questions| UpToDate | Already Graded A+
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Cash Flow 
: Cash in bank > purchased inventory > sold inventory > accounts receivable > 
cash in bank 
List Price 
: The retail price listed 
selling price 
: list price - trade discounts 
Net price 
: = selling price - allowable discounts (cash discounts) 
Net Sale 
Cost of Good Sold (COGS) 
: = Cost of Merchandise + Freight from Manufacturer 
Trade Discounts 
2 | P a g e 
: specify term of sale and change of price with how they see fit. 
Cash Discounts 
: given to encourage buye...
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IDIS 240 Final Exam - Vestal questions and answers all are graded A+
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Cash Flow - Answer-Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in 
bank 
List Price - Answer-The retail price listed 
selling price - Answer-list price - trade discounts 
Net price - Answer-= selling price - allowable discounts (cash discounts) 
Net Sale 
Cost of Good Sold (COGS) - Answer-= Cost of Merchandise + Freight from Manufacturer 
Trade Discounts - Answer-specify term of sale and change of price with how they see fit. 
Cash Discounts - Ans...
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Financial Analysis
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1.	SHV	Share price + Dividends 2.	How do you in- crease Earnings Per Share (EPS)? Increase net income 3.	Revenues	-Sales -Goods or services sold 4.	Gross profit	-Gross income -Gross earnings -Gross margin 5.	Operating in- come 6.	Income before taxes (IBT) -Operating profit -Earnings before interest and tax (EBIT) -Income before interest and taxes (IBIT) -Earnings before taxes (EBT) -Profit before taxes (PBT) 7.	Net income (NI)	-Earnings after taxes (EAT) -Profit after t...
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ACC 101 CHAPER 6-10 FINAL EXAM STUDY GUIDE || with Errorless Solutions 100%.
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Merchandise inventory correct answers Goods a company intends to sell. 
 
LIFO (last in, first out) correct answers Assumes last items purchased are the first sold. 
 
FIFO (First In, First Out): correct answers Assumes first items purchased are the first sold. (Chronological) 
 
Specific Identification correct answers Tracks each item's cost individually. 
 
Weighted Average Cost Method: correct answers Averages cost of goods available for sale for cost assignment. 
 
FOB shipping point correc...
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