Understanding how to calculate the Cost of Goods Sold (COGS) is essential for any business owner. COGS represents the direct ...

For tax purposes, a company can deduct cost of goods sold; the more expansive cost of sales category is nondeductible. Related investing topics How to Invest in Stocks: 5 Steps to Get Started ...

Cost of goods sold can be determined after sales revenue and before gross profit on a multiple-step income statement. The cost of goods sold balance is an estimation of how much money the comp.

Columnist John D. Wagner explains why gross profit margin should not rise or fall with sales and reasons that it could.