So operating costs are COGS? um....no that is 100% incorrect And production costs are not expenses but COGS? what? prepaid advertising is not an expense? well technically correct, it's an asset on the balance sheet but could also be seen as a prepaid expense and a recurring one at that based on this business
just as I thought, has no idea and worse still, thinks he has.
Not here to teach basic accounting? haha...best you don't ,