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Determine gross profit

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Reference no: EM132043884

CarMax Inc. reports sales of $15,875,118 thousand and cost of sales of $13,691,824 thousand for the year ended February 28, 2017.

The gross profit for the year is:

A) $2,183,294 thousand

B) $1,464,362 thousand

C) 86.2%

D) 13.8%

E) There is not enough information to determine gross profit.

Reference no: EM132043884

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