1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alexeev081 [22]
3 years ago
10

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? (Enter answer in millions.) $ million
Business
1 answer:
LiRa [457]3 years ago
6 0

Answer:

The amount of Best Buy's cost of goods sold was $32,720 million

Explanation:

cost of goods sold = sales - gross profit

                               = $42,410 million - $9,690 million

                               = $32,720 million

Therefore, The amount of Best Buy's cost of goods sold was $32,720 million

You might be interested in
When you gave your friend a fifty-dollar bill for an iPod, you used money as a
Sonbull [250]
<span>When you gave your friend a fifty-dollar bill for an iPod, you used money as a <u>medium of exchange.
</u><u />This is because you exchanged your money for an iPod. 
</span>
4 0
3 years ago
Investments in debt securities that the company actively manages and trades for profit are referred to as short-term debt invest
boyakko [2]

Answer: c. trading securities.

Explanation:

Trading securities are short term debt securities that a company buys in order to make a profit in that short term period. They actively manage and trade these securities and then trade them for profit.

It is an excellent way to gain return for any excess cash that the business has and they only invest in such things when they believe that there is a good chance of profit being made.

7 0
3 years ago
Which of the following choices is not considered a revenue producing business enterprise?
exis [7]
<span>b. public schools is the answer i did the test.</span>
3 0
4 years ago
Brick Co. has 170,000 shares of common stock outstanding at January 1, 2015. On May 1, 2015, it issued 30,000 additional shares
fenix001 [56]

Answer:

The number of shares that Brick should use to calculate 2015 diluted earnings per share are 202,000 shares

Explanation:

The computation of the number of shares are shown below:

= January 1 shares + may 1 shares + convertible cumulative preferred stock

= 170,000 shares × 4 months ÷ 12 months + 200,000 shares × 8 months ÷ 12 months + 12,000 shares

= $56666.67 + $133,333.33 + $12,000

= $202,000 shares

The 4 months are calculated from January 1 to May 1, 2015

And, the 8 months are calculated from May 1 to December 31

3 0
3 years ago
Why multinational company are developed​
blagie [28]

Answer:

Multinationals provide an inflow of capital into the developing country.

Explanation:

This capital investment helps the economy develop and increase its productive capacity.

5 0
3 years ago
Read 2 more answers
Other questions:
  • How do I add people on here?
    12·2 answers
  • Which accounts are affected in the closing process under a perpetual inventory system?
    14·1 answer
  • To properly address a business envelope, you should use A. boldface type for the ZIP code. B. a flush-right margin. C. all capit
    9·1 answer
  • What is a new market?
    5·1 answer
  • A broker has placed his own funds in the trust account along with the funds of several clients. He has written records of all fu
    6·1 answer
  • Sonia Corporation had a 1/1/20 balance in the Allowance for Doubtful Accounts of $60,000. During 2020, it wrote off $43,200 of a
    12·1 answer
  • If you want to sell unique wristbands to the 250 participants in a special boating event to raise funds for research for a rare
    13·2 answers
  • During 2021, a company sells 21 units of inventory. The company has the following inventory purchase transactions for 2021: Date
    6·1 answer
  • (BRAINLIEST + 100 POINTS)
    15·1 answer
  • Tammie was communicating to her employees the proper way to handle abuse in the workplace. one individual kept interjecting comm
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!