Compare the income statements of Google (Alphabet Inc.) and Amazon.com, Inc. for the fiscal year 2023: Item
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Question:
Compare the income statements of Google (Alphabet Inc.) and Amazon.com, Inc. for the fiscal year 2023:
Item | Google (Alphabet Inc.) | Amazon.com, Inc. |
Net Sales Revenue | $150 billion | $200 billion |
Cost of Goods Sold | $50 billion | $120 billion |
Operating Expenses | $40 billion | $60 billion |
Other Income/Expenses | $5 billion | $8 billion |
Net Income |
Question:
- Calculate the net income for both Google (Alphabet Inc.) and Amazon.com, Inc. for the fiscal year 2023.
- Which company generated higher net income?
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118024492
5th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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