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    4. what is cost of goods
    what is cost of goods

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    0  Views: 781 Answers: 2 Posted: 14 years ago
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      2 Answers

                      Depends on the Goods


      http://3.bp.blogspot.com/-zP1NqDwzROo/TdM38srTqgI/AAAAAAAAFm0/umznJcYKVxU/s1600/scarface.jpg

      11 years ago. Rating: 5
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        Ducky

        Moderator
        Yikes!
        commented 11 years ago

        In accounting terms, if your business buys something and resells it for different price, the "COST OF GOODS SOLD" is the price you, as the business, pay for the items that you sell to others.  


        For example, if I make earrings, and spend $5.00 for beads, wires, and pins, then sell them for "Whatever", the "Cost of Goods Sold"  is $5.

        11 years ago. Rating: 4
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