Strategically Speaking: How Will E-books Impact Your Bottom Line?
It’s time to sit down and rethink traditional business models. Here are key factors to consider.
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3. Net Sales. Net sales (defined as gross sales minus returns) will likely decrease as reductions in selling price exceed the gains from eliminating returns.
Cost of Goods Sold
Cost of goods sold is defined as the direct costs associated with the production of goods sold by a company. There are four major components to cost of goods sold:
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David Hetherington
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