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What is COGS? Business Owners Hate This One Cost!

Name: What is COGS? Business Owners Hate This One Cost!
Uploaded: 2025-01-29 11:17:35.504130+00:00
Duration: 1 min 30 s
Description: Learn about the financial term COGS in this video!

🚀 Financial Jargon Made Simple
✨ Term of the Day: COGS

🔥 What is COGS?
COGS (Cost of Goods Sold): The direct expenses incurred in producing or acquiring goods sold by a business, including raw materials and labor, subtracted from revenue to determine gross profit.

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