For accounting and tax purposes, these are listed under the entry line-item cost of goods sold (COGS). This reduction can be a major benefit to companies in the manufacturing or mining sectors ...

Nigeria’s manufacturers are counting their losses to the drastic macroeconomic changes being executed by the Federal ...

Cox Automotive said it anticipates 15.6 million new vehicles will be sold in the U.S. in 2025, down from 16.3 million it ...

Gross profit focuses on a company's core profitability—that is, total revenue minus the direct cost of goods sold (generally labor and raw materials). It's a good gauge of how efficiently a ...

President Donald Trump said he was placing 25% tariffs on auto imports, a move the White House claims would foster domestic ...

A key element of the difficulties has shown up in cost of sales with leading manufacturers reporting 90.6 percent surge in their just released 2024 financial results. Cost of sales stands for the ...