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-   -   Cost of Merchandise sold (https://www.askmehelpdesk.com/showthread.php?t=141523)

  • Oct 16, 2007, 05:53 PM
    Toed78
    Cost of Merchandise sold
    In 2005, Best Buy reported revenue of $27,433 million. Its gross profit was $6,495 million.

    What was the amount of Best Buy's cost of merchandise sold? Enter the amount in millions.

    Please Help
  • Oct 16, 2007, 07:11 PM
    letmetellu
    I don't think this question can be answered with just this much information.
  • Oct 18, 2007, 02:46 PM
    CaptainForest
    Revenue 27,433
    Less: Cost of Sales

    Equals Gross Profit which is 6,495

    Therefore, Cost of Sales = 27,433 – 6,495

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