In the year ended February 2,2019, Macy's reported cost of goods sold (before shrinkage) of...
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Accounting
In the year ended February Macy's reported cost of goods sold before shrinkage of $ billion; February inventory of $ billion; and ending inventory for the previous year February of $ billion. Required: If the cost of inventory purchases was $ billion, what was the cost of shrinkage during the year ended February Enter your answer in billions rounded to decimal place. Cost of Shrinkage billion
In the year ended February Macy's reported cost of goods sold before shrinkage of $ billion; February inventory of $ billion; and ending inventory for the previous year February of $ billion.
Required:
If the cost of inventory purchases was $ billion, what was the cost of shrinkage during the year ended February Enter your answer in billions rounded to decimal place.
Cost of Shrinkage
billion
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