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Is this correct? will lik, if replied asap please!! AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except per share data) Year Ended Decenber 31.

Is this correct? will lik, if replied asap please!!
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AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except per share data) Year Ended Decenber 31. Net product sales Net service sales Total net sales Operating expenses Cost of sales Fulfillment Technology and content Sales and marketing General and administrative Other operating expense (income), net Total operating expenses Operating income Interest income Interest expense Other income (expense), net Total non-operating income (expense) Income (loss) before income taxes Benefit (provision) for income taxes Equity-method investment activity, net of tax Net income (loss) Basic earnings per share Diluted earnings per share Weighted-average shares used in computation of earnings per share: Basic Diluted See accompanying notes to consolidated financial statements. Accounting HW - Due May 31st 1. What percentage of Amazon's sales end up as net income? a. 0.53% Net Income =2722 (in millions) Total Net Sales =513,983 (in millions) 2722/513,983=0.5296% 2. What percentage of Amazon's sales go to pay for the costs of the goods being sold? a. 56.19% Total Net Sales =513,983 (in millions) Total Cost of Sales =288,831 (in millions) 288,831/513,983=56.195%

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