RV E11 - A Look Inside the Refine Labs P&L Statement, Getting Your Next Promotion, and More | TikTok Live 19
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How Do You Calculate Cost of Goods Sold?
Companies can decide how they define cost of goods sold differently. If you're selling hardware like I played the Amazon game in 2013 to 2016 buy stuff from foreign by stuff from foreign countries it's high quality brand and mark it up sell it on Amazon. In order to make a profit margin of 50 at least 50% I would need to sell this thing after credit card fees and everything like that.
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