If I own a business, and I buy a product for $100, and sell the product for $80, my C [Archive]

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cc2112

Jun 18, 2010, 12:23 PM

If I own a business, and I buy a product for $100, and sell the product for $80, my COGS would be what?

Curlyben

Jun 18, 2010, 12:27 PM

What business runs at a lose like that.
I'm assuming this is homework so Please refer to this announcement: https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html