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Company: Amazon.com, Inc. Data for the year ended December 31, 2023: Item Amount Revenue $800,000,000 Cost of Goods Sold $400,000,000 Operating Expenses $300,000,000 Income

Company: Amazon.com, Inc.
 Data for the year ended December 31, 2023:

Item

Amount

Revenue

$800,000,000

Cost of Goods Sold

$400,000,000

Operating Expenses

$300,000,000

Income Tax Expense

$100,000,000

Net Income

$100,000,000

Total Assets

$1,000,000,000

Total Liabilities

$500,000,000

Shareholders' Equity

$500,000,000

Requirements:

  1. Calculate Amazon's gross profit margin.
  2. Determine Amazon's operating profit margin.
  3. Analyze the impact of income tax expense on Amazon's net income.
  4. Evaluate how Amazon recognizes revenue from e-commerce sales.
  5. Explain the significance of the Income Measurement Objective in Amazon's financial planning.
  6. Discuss Amazon's current ratio and quick ratio.
  7. Perform a Cost-Benefit Analysis of Amazon's investment in fulfillment center automation.

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