Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Produce an income statement for the year ending December 31, based on the financial statement data shown below. Amazon.com, Inc Income Statement (in millions) For

Produce an income statement for the year ending December 31, based on the financial statement data shown below.

Amazon.com, Inc

Income Statement (in millions)

For the year ended December 31, 2018

In millions

1. Accounts payable $16,459

2. Accounts receivable $5,612

3. Cash $14,557

4. Cost of sales $62,752

5. Income tax expense $167

6. Interest expense $210

7. Inventories $8,299

8. Net cash provided by operating activities $6,842

9. Net cash flows used for investing activities ($5,065)

10.Net sales $88,988

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Internal Auditing Handbook

Authors: K. H. Spencer Pickett

1st Edition

0471969117, 978-0471969112

More Books

Students also viewed these Accounting questions