Natchitoches---about an hour away from Shreveport Louisiana is the State's oldest city. New Orleans follows, and Opelousas Louisiana is the 3rd oldest.
Cost of Goods Sold Sexton Corp. has current... (Solved) January 23, 2017. Cost of Goods Sold Sexton Corp . has current liabilities of $325,000, a quick ratio of 0.85, inventory turnover of 9.5, and a... Lambda Corporation has current liabilities of $450,000, a quick (Solved) April 18, 2013.
Direct cost of sales, or cost of goods sold (COGs), measures the amount of cash a company spends to produce a good or a service sold by the company. The direct cost of sales only includes the expenses directly related to production. The direct costs generally include direct materials, direct labor, utilities and shipping costs. COGs is reported on a company's income statement and may be considered an expense. There are several ways to calculate COGs.