Cost Of Goods Sold
definition:
(COGS) - is also known as 'cost of sales'. It is the amount which the retailer has paid for goods actually resold. It includes the invoice cost, discounts, rebates, shrinkage and freight charges.
(COGS) - is also known as 'cost of sales'. It is the amount which the retailer has paid for goods actually resold. It includes the invoice cost, discounts, rebates, shrinkage and freight charges.