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College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958 Exercise 31
The following financial statement excerpt is taken from the 2009 Annual Report (for the fiscal year ended January 31, 2010) for The Home Depot, Inc.:
The Cost of Sales amount on The Home Depot, Inc., consolidated statements of earnings represents the net cost of the goods that were sold for the period. For 2010, what percentage of net sales was the cost of sales? For fiscal 2009?
The Cost of Sales amount on The Home Depot, Inc., consolidated statements of earnings represents the net cost of the goods that were sold for the period. For 2010, what percentage of net sales was the cost of sales? For fiscal 2009?
Explanation
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Percentage of cost of sales to net sales...
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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