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Amazon.com Inc. has the following financial information for the year 2023: Net Sales: $469 billion Cost of Goods Sold: $233 billion Operating Income: $24 billion
Amazon.com Inc. has the following financial information for the year 2023:
- Net Sales: $469 billion
- Cost of Goods Sold: $233 billion
- Operating Income: $24 billion
- Net Income: $33 billion
- Total Assets: $420 billion
- Total Liabilities: $295 billion
- Shareholders’ Equity: $125 billion
Requirements:
- Calculate the gross profit margin.
- Determine the operating profit margin.
- Compute the return on assets (ROA).
- Calculate the return on equity (ROE).
- Analyze Amazon’s profitability.
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