User Account

All Pages

Determine gross profit

Assignment Help Mathematics
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

Questions Cloud

Solve the given problem related to savings account : Show numerically that a savings account with a current balance of $1,000 that earns interest at 9% annually is precisely sufficient to make the payments.
Why is a policy statement important : Why is a policy statement important? What information is necessary before a financial planner can assist a person in constructing an investment policy statement
Does the private sector have a career for you : Most people are familiar with some careers and settings like police officers, courts, and corrections, but what options exist outside of the government?
Determine which alternative is less costly : A portable concrete test instrument used in construction for evaluating and profiling concrete surfaces (MACRS-GDS 5-year property class) is under consideration
Determine gross profit : 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.
Explain methods that organizations can implement to help : Explain methods that organizations can implement to help ensure compliance with the AUP, mitigate their risk exposure, and minimize liability.
What was the dividend yield in given case : Polycom Systems earned $542 million last year and paid out 20 percent of earnings in dividends. By how much did the company's retained earnings increase?
Would you expect to have the same interest rate : Would you expect to have the same interest rate on either mortgage or would one of them have a lower interest rate?
Internal financial control in a health care operation : What are some strategies for maintaining internal financial control in a health care operation?

Reviews

Write a Review

Mathematics Questions & Answers

  Questions on ferris wheel

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Logistic map

This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.

  Finding the probability of cards

This assignment has questions related to probabiltiy.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Derive the boolean expression

Derive the Boolean Expression and construct the switching circuit for the truth table stated

  System of equations

Evaluate which equations are under-identified, just-identified, and over-identified.

  Linear programming problem

Linear programming problem consisting of only two constraints with one objective function.

  Find the natural domain

Find the natural domain of the given functions.

  Introduction to numerical methods

Compute the coecients of the polynomials using the term recurrence relation.

  Chart of the topological manifold

De?nition of smoothness of functions on a smooth manifold is chart independent and hence geometric.

  Mathematics in computing

Questions related on mathematics in computing.

  Complex problems

Complex problems

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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