In 2003, Best Buy Co. reported net sales of $20,946 million. Its gross profit was $5,236 million.

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In 2003, Best Buy Co. reported net sales of $20,946 million. Its gross profit was $5,236 million. What was the amount of Best Buy’s cost of merchandise sold?

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Accounting

ISBN: 978-0324188004

21st Edition

Authors: Carl s. warren, James m. reeve, Philip e. fess

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Question Posted: Nov 05, 2012 06:56 AM

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In 2003, Best Buy Co. reported net sales of $20,946 million. Its gross profit was $5,236 million.

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Accounting

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