The formula for calculating COGS is the sum of the initial inventory plus net purchases minus net purchases/addition to stock.…
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Get to know COGS: Definition, Purpose, Components, and Examples
The cost of goods sold or COGS is the purchase price of an item or the cost of producing a…

How to Determine and Calculate The Selling Price and its Formula
The selling price results from the sum of costs, such as production costs, non-production costs, and the desired profit, which…

Definition, Functions, Types, and Examples of Price
What is the price, and what is its function? Price is the value in the form of money that consumers…

How to Find Business Opportunities
To find business opportunities, you can look inside yourself first to see your knowledge and insights. Experience in the business…

Analysis Method, and Characteristics of a Business Opportunity
What is meant by business opportunity? A business opportunity is an opportunity that you can take advantage of to make…

10 Home Businesses That Sell During Ramadan
Sales that sell fast in the month of Ramadan, for example, catering for sahur, opening an iftar food depot, selling…

10+ Money-Making Hobby Side Businesses
Many hobbies can create business opportunities, generate money, and even be used as a side business, such as cooking, drawing,…

11 Side Jobs You Can Run While Working and Studying
Many businesses are suitable for you to make a side business, such as being a freelancer, elementary and junior high…