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Determine the cost of goods sold (COGS) for Amazon.com, Inc. using the formula: COGS = Beginning Inventory + Purchases - Ending Inventory. Beginning Inventory: $20,000,000
- Determine the cost of goods sold (COGS) for Amazon.com, Inc. using the formula: COGS = Beginning Inventory + Purchases - Ending Inventory.
- Beginning Inventory: $20,000,000
- Purchases: $50,000,000
- Ending Inventory: $30,000,000 Calculate the COGS for Amazon.com, Inc.
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
1285868781, 978-1285868783
