Question
Compare the gross margins of Amazon.com, Inc. and eBay Inc. based on the following financial data for the year ended December 31, 2023: Item Amazon.com,
Compare the gross margins of Amazon.com, Inc. and eBay Inc. based on the following financial data for the year ended December 31, 2023:
Item | Amazon.com, Inc. | eBay Inc. |
Net Sales Revenue | $40,000,000 | $30,000,000 |
Cost of Goods Sold | $20,000,000 | $15,000,000 |
Question:
Which company has a higher gross margin? Calculate the gross margin for each company and compare.
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Ethical Obligations and Decision Making in Accounting Text and Cases
Authors: Steven Mintz, Roselyn Morris
4th edition
978-1259543470, 1259543471, 978-1259730191
