Cost of goods sold and DF: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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(COGS).
Discount Factor.


''Accounting''.


The charge in an income statement relating to raw materials and goods purchased for resale.
== See also ==
* [[Annuity factor]]  (AF)
* [[CumDF]]
* [[Discount factor]]


 
[[Category:The_business_context]]
It is calculated as:
[[Category:Financial_products_and_markets]]
 
Purchases
 
+ Opening stock
 
Less: Closing stock
 
= Cost of goods sold
 
 
==See also==
*[[DIO]]
*[[DPO]]
*[[Income statement]]
* [[Stock]]
*[[Turnover]]

Revision as of 16:36, 25 June 2022

Discount Factor.


See also