Question

Intel Corporation reported the following on its 2018 income statement (in millions) Sales revenue $59,387 Gross profit $36,191 Total expenses $23,317 What did Intel report for cost of goods sold during 2018?

Answer 1

The report for cost of goods sold during 2018 intels $23196 million.

Step-by-step explanation:

cost of goods sold = Sales revenue - Gross profit

= (59387 - 36191)

= $23196 million

Therefore, The report for cost of goods sold during 2018 intels $23196 million.