Amazon started in 1995 as a simple text page claiming to be the “largest bookstore on Earth.” The first book sold was “Fluid Concepts And Creative Analogies” to computer engineer John Wainwright for $27.95, earning him a place in tech history and a building named after him on Amazon’s Seattle campus. When Amazon opened its […]
Businesses use a simple process to determine the cost of goods sold (COGS) by comparing the amount of inventory available at the beginning and end of a period. This allows for the first-in, first-out (FIFO) method to evaluate business activity and make decisions about production and inventory levels. Many businesses use a simple process to […]