Accounting - questions and answers

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How to understand the abbreviation: EBITDA?

earnings before interest, taxes, depreciation and amortization

How can I understand 'retained profit'?

the amount of profit a company has left over after paying all its direct costs, indirect costs, income taxes and its dividends to shareholders

How can I understand Cost of goods sold (COGS)?

It refers to the cost that is spent on producing a product. It plays a major role in determining the profit of your business

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