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