Determining Cost of Goods Sold For a recent year, TechMart reported sales of $44,476 million. Its gross profit was $11,564 million. What was the amount of TechMart's cost of goods sold? (Enter answer in millions.)$ million

Determining Cost of Goods Sold For a recent year, TechMart reported sales of $44,476 million. Its gross profit was $11,564 million. What was the amount of TechMart's cost of goods sold? (Enter answer in millions.)$ million

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...

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Question

Determining Cost of Goods Sold

For a recent year, TechMart reported sales of $44,476 million. Its gross profit was $11,564 million.

What was the amount of TechMart's cost of goods sold? (Enter answer in millions.)
$ million

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