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Q5 to Q6- Use your own words to explain the following items on income statement. Costs of goods sold (COGS) Selling, general, and administrative expenses
Q5 to Q6- Use your own words to explain the following items on income statement.
- Costs of goods sold (COGS)
- Selling, general, and administrative expenses (SG&A)
- Depreciation
- Interest expense
- EBITDA
- EBIT (also referred to as operating income)
- Net income
- Earnings per share
- Retained earnings
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