What was the amount of best buy cost of merchandise sold

Assignment Help Accounting Basics
Reference no: EM131802261

Question - Determining cost of merchandise sold

For the year ended February 28, 2009, Best Buy reported revenue of $45,015 million. Its gross profit was $10,998 million. What was the amount of Best Buy's cost of merchandise sold?

Reference no: EM131802261

Questions Cloud

Proportion of debt in a market-value capital structure : How do you calculate proportion of debt in a market-value capital structure given a debt/equity ratio?
Discuss an engineering company provides services : Assume an engineering company provides services for three types of clients
What is the demand for the product : Anna works on an assembly line where it takes her 20 minutes to produce 150 units of a product needed to fill a container.
Assume that every hat produced was shipped : If bob's spends $880 in shipping in a week, how many of each hat did he produce? Assume that every hat produced was shipped.
What was the amount of best buy cost of merchandise sold : Question - Determining cost of merchandise sold. Its gross profit was $10,998 million. What was the amount of Best Buy's cost of merchandise sold
Maximizing shareholder interests : How does maximizing the value of the corporation differ from maximizing shareholder interests?
What attributes help define a project success : How are organizations in today's competitive environment making progress to deliver projects expected benefits and provide value?
Lower transportation classification for new product : Assume the role of a firm trying to negotiate a lower transportation classification for a new product.
Invest in addition annually to achieve that goal : 1If you have $5,000 to invest today, can earn 8% per year on your investment and would like $75,000 in 10 years, how much would you need to invest.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd