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    Toed78's Avatar
    Toed78 Posts: 1, Reputation: 1
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    #1

    Oct 16, 2007, 05:53 PM
    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
    letmetellu's Avatar
    letmetellu Posts: 3,151, Reputation: 317
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    #2

    Oct 16, 2007, 07:11 PM
    I don't think this question can be answered with just this much information.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #3

    Oct 18, 2007, 02:46 PM
    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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