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Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 14ISBN: 978-1305653535Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 14ISBN: 978-1305653535 Exercise 48
Determining cost of goods sold
For a recent year, Best Buy reported sales of $42,410 million. Its gross profit was $9,690 million. What was the amount of Best Buy's cost of goods sold?
For a recent year, Best Buy reported sales of $42,410 million. Its gross profit was $9,690 million. What was the amount of Best Buy's cost of goods sold?
Explanation
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Cost of goods sold is direct cost net of...
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
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