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 ...

It's also known as sales profit or gross income. Gross profit is calculated on a company's income statement by subtracting the cost of goods sold (COGS) from total revenue. Gross profit differs ...

President Donald Trump on Wednesday launched a US trade war with every country via a barrage of tariffs that are set to go into effect almost immediately. American consumers and businesses stand to ...