Answered step by step
Verified Expert Solution
Question
1 Approved Answer
REAL WORLD years are as follows (in millions); Amazon.com, Inc. Operating Income Statements For the Years Ended December 31 in millions) 2 Year1 $60,903 $70,080
REAL WORLD years are as follows (in millions); Amazon.com, Inc. Operating Income Statements For the Years Ended December 31 in millions) 2 Year1 $60,903 $70,080 Product sales.. 18.908 13.549 88.988 $74452 $62,752 10,766 Service sales Total sales $54,181 4332 858 3,133 6565 Fulfillment. Marketing Technology and content. General and administrative.... Other operating expense (incomel, net Total operating expenses. 4,332 9,275 ,129 1,552 114 133 $88810 $73,707 A. Prepare a vertical analysis of the two operating income statements. (Round percentages to one decimal place.) Use the vertical analysis to explain the decrease in income from operations. B
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started