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Amazon.com, Inc. disclosed the following information in its financial statements for the year ended December 31, 2023: Item Amount (in $ millions) Total Revenue 513,000
Amazon.com, Inc. disclosed the following information in its financial statements for the year ended December 31, 2023:
Item | Amount (in $ millions) |
Total Revenue | 513,000 |
Cost of Goods Sold | 320,000 |
Operating Expenses | 150,000 |
Net Income | 43,000 |
Calculate and interpret Amazon.com, Inc.'s gross profit margin, operating profit margin, and net profit margin. Discuss the factors that may have influenced these margins and their significance for the company's financial health.
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