Glossary entry

Portuguese term or phrase:

Custo das existencias, vendidas e consumidas (CEVC)

English translation:

Cost Of Goods Sold (COGS)

Added to glossary by David Warwick
Aug 17, 2006 18:56
17 yrs ago
2 viewers *
Portuguese term

Custo das existencias, vendidas e consumidas (CEVC)

Portuguese to English Bus/Financial Finance (general)
The abbreviation "CEVC" is on a balance sheet - which I take to mean Custo das existencias, vendidas e consumidas. Is there a standard translation for this in English?

thanks
Proposed translations (English)
5 +1 Cost Of Goods Sold (COGS)

Proposed translations

+1
10 mins
Selected

Cost Of Goods Sold (COGS)

COGS. An income statement figure which reflects the cost obtaining raw materials and producing finished goods that are sold to consumers. Cost of Goods Sold = Beginning Merchandise Inventory + Net Purchases of Merchandise - Ending Merchandise Inventory.
Peer comment(s):

agree Denise DeVries
5 hrs
Thank you!MLD
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4 KudoZ points awarded for this answer. Comment: "I think this must be it - thanks!"
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