Question

Cost of Goods Sold = Revenue - Operating Profit, is it right? I have report about the unilever financial result, but I haven't seen the number of the cost of goods sold in its sheet!

Answer 1

Answer:

COGS= Revenue- Gross profit

Explanation:

exactly speaking, operating profit refers to the net profit and COGS=sales revenue - gross profit. so try to find the data of gross profit instead of operating profit (net profit)

If you don't have data of gross profit, you can attempt this equation:

gross profit = operating profit (net profit) + operating expense + (depreciation and amortization)