Selling expenses, often called cost of goods sold, refer to costs and purchases needed to create products or deliver services for which consumers pay your small business money. The difference between ...

Selling and administrative expenses are both part of the selling, general and administrative (SG&A) expenses a company uses to operate. These operating expenses don't include the cost of goods sold ...

Most investors are familiar with financial accounting. It is the financial reports and standards we use to review a company's financial performance each quarter and year. Inside the company, though, ...