Profitability is measured as operating profit margin-revenue minus costs of goods sold divided by revenue.

(IAS 1.104) The major exclusive of costs of goods sold, are classified as operating expenses.

At J. Crew, another big clothing catalogue, overall costs of goods sold have increased about 7 percent recently, said Arthur Cinader, chairman.

Microsoft managed 23 percent earnings growth primarily because of lower costs of goods sold and other improvements in manufacturing efficiency, Mr. Maffei said.

To cover these costs, manufacturer adds them to COGS (costs of goods sold), where the buyer ends up paying for these costs.

Mr. Borochoff contended that the jewelry expenses should be listed as "costs of goods sold" and be deducted from net revenue, rather than listed under charitable expenses.

According to Cain, corporations would be able to deduct costs of goods sold (provided the inputs were made in America) and capital expenditures, but not wages, salaries and benefits to employees.

In accounting terminology, fixed costs will broadly include almost all costs (expenses) which are not included in cost of goods sold, and variable costs are those captured in costs of goods sold.

Revlon's cost-cutting measures are evident in the company's gross profit margins (sales less the costs of goods sold, before other expenses including taxes and interest) which have increased 3 percent during the first three months of this year after falling over the last three years.

But the main cogs will be the same, and they have been part of the problem.

We are small cogs in a large machine, both of us.

The cogs at either end of the bar began to.

Now they may have lost one of their offensive cogs.

"It definitely is one of the cogs in a program for running the school," she said.

The girls time was 7:40, and managed three out of four cogs.

My plan is to wipe out the major cogs in the machine.

Among other things, I had got into the cogs and springs of men's actions.

The two girls went into action like cogs in a smooth machine.

Education is not, nor should be, about training us all to become tiny cogs in the great economic machine.

It seemed to him more like cogs slipping in his brain.

"They were used to make cogs and wheels," she said.

The passengers from the other cogs were already gathered there.

With money to oil the cogs and sweep away the traces.

All we could see beneath the skin were the cogs, spinning.

You move through the most complicated system of gears and cogs!

"To have two of your main cogs missing is real frustrating."

They have yet to be ground down into apathetic cogs of society.

The cogs start turning and no one cares about the little people that get ground up in them.

"She's one of the cogs but not the whole machine.

The burden, which had once been everyone's rested now on the cogs alone.

Claw quickly got their cogs together and they won the challenge.

However, the player does not yet know how to turn the cogs to unlock the door.

Getting all the cogs and sensors to work in tandem.

They both stared at the fateful cogs for a time.

It was better, though, to be a cog for the present.

"Even an old cog like myself can figure it out."

He was a small cog in some kind of a big operation.

He looked like a human being, and a nice one, instead of a cog in the military machine.

I'm not quite the perfect cog in the machine yet.

You have no use to the system except as a cog in the machine.

We felt he would be an important cog for us."

That is, you are one small cog in a much larger machine.

And by now almost everyone feels as if they're a cog in something turning.

I must put a cog in his wheel, and do it right away, too.

Their own clients frequently saw them as another cog in the system.

I was emerging as my own master, and no longer a cog.

Meeting Cog for the first time can be an unsettling experience.

He had laid a course to bring the cog here at this time, giving a full day's light for work.

The feeling of being reduced to a small cog in a machine.

He was just a human, period, a necessary cog in a team of robots.

"It makes you stand out and shows you're not a cog in the wheel."

I'm a little guy in the cog and I stood up for my rights."

Today, they are just another cog in the economy, posing as part of the neighborhood.

Membership made him feel important, even though he was only a cog in a larger movement.

Boone got out of the cog train and looked back down.

In effect, they have become a machine part, no different from a cog or bolt.

It was no pre- cog that this would be a very difficult day.

They treated me like just another cog going around with the rest of the wheels.

"I felt like a cog in the system," she says.

This time the cogwheels were not on top but at the side.

But here he was making what appeared to be a perfect little cogwheel.

Following this, a cogwheel system was in use for about twenty years.

It was like becoming a cogwheel in a glass clock.

It led back toward the lake and the cogwheel railway station.

The engineering industry was represented by the cogwheels in the crest.

Nevertheless, she could regard herself as a needed cogwheel, upon which one factor depended.

The coat of arms depicts a sailing ship and cogwheels.

"The cogwheels rotating at the very core of his heart suddenly went berserk."

I'm down among the cogwheels of the Universe.

The cogwheel refers to the long tradition of metalworking in the municipal area.

This was engaged by two cogwheels carried on vertical shafts under the car.

On the way from the source to the mirror, the beam passes through a rotating cogwheel.

On that cold, clear morning in November he was to see the careful cogwheels in motion.

A solar symbol - a cogwheel, put on the cross, symbolizes the sun and the light of knowledge.

After the closure of rack railway routes the cogwheel drive was removed.

Each of the massive stone blocks was carved with interlocking cogwheels.

Lucille asked, "What is wrong with the bloody cogwheels?"

The method of Foucault replaces the cogwheel by a rotating mirror.

The cogwheels are for the modern engineering industries.

The final cable car ride up and the cogwheel railway each approach the summit from different sides of the mountain.

"I'll bet you a year's worth of water that those tracks link up somehow with the cogwheel railway."

There was a poiyonngggg, and a brief shower of cogwheels.

A cardboard box filled with assorted springs and cogwheels.

The driving cogwheel is housed in a special frame, that lies above the second and third axle.