Businesses seek to generate profit. To do this, they sell goods to bring in revenue. But revenue and profit aren’t the same. To get from one to the other, you need to factor in the cost of goods sold ...

Discover essential metrics for calculating startup profitability and learn how to evaluate profit levels to drive financial ...

Gross profit margin is a common measure of how well a business is doing. It is defined as the proportion of sales revenue a business earns after deducting the costs of production or sales, such as raw ...

General Motors (NYSE: GM) has its expenses largely clubbed under its cost of goods sold, which accounted for about 95% of the company’s total expenses in 2018. This is in line with the previous few ...

CVS Health (NYSE:CVS) spent $146 billion in cost of goods sold (COGS) expenses in 2016, and the figure increased to $156 billion in 2018, driven by growth in revenues. As a percentage of revenue, COGS ...