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QUESTION

Please help :CarMax Inc. reports sales of $15,875,118 thousand and cost of sales of

Please help :

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.

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