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Dive into the financial statements of Amazon.com Inc. for the fiscal year ending December 31, 20X3. Compute the following ratios using the provided values: Current
- Dive into the financial statements of Amazon.com Inc. for the fiscal year ending December 31, 20X3. Compute the following ratios using the provided values:
- Current ratio, considering Current Assets of $150 billion and Current Liabilities of $100 billion.
- Quick ratio, with Current Assets (excluding Inventory) at $120 billion and Inventory valued at $30 billion.
- Debt-to-equity ratio, with Total Debt amounting to $80 billion and Shareholders' Equity reaching $200 billion.
- Gross profit margin, where Gross Profit stands at $70 billion against Revenue of $250 billion.
- Net profit margin, with Net Profit recorded at $20 billion against the same Revenue figure.
- Current ratio, considering Current Assets of $150 billion and Current Liabilities of $100 billion.
- Quick ratio, with Current Assets (excluding Inventory) at $120 billion and Inventory valued at $30 billion.
- Debt-to-equity ratio, with Total Debt amounting to $80 billion and Shareholders' Equity reaching $200 billion.
- Gross profit margin, where Gross Profit stands at $70 billion against Revenue of $250 billion.
- Net profit margin, with Net Profit recorded at $20 billion against the same Revenue figure.
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
