The amount a retailer pays to a supplier for goods it then resells is called the

Name: The amount a retailer pays to a supplier for goods it then resells is called the
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The cost of goods sold (COGS) refers to the direct costs of producing the goods sold by a company. This amount includes the cost of the materials and labor directly used to create the product. It does not include indirect expenses, such as distribution costs and sales force costs.

The Amount a Retailer Pays to a Supplier for Goods