Amazon.com, Inc. is the largest Internet retailer in the United States. Amazons income statements through income from
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Amazon.com, Inc. is the largest Internet retailer in the United States. Amazon’s income statements through income from operations for two recent years are as follows (in millions):
a. Prepare a vertical analysis of the two operating income statements. Round percentages to one decimal place.
b. Use the vertical analysis to explain the decrease in income from operations.
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Related Book For
Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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