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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $ 10,894 Total assets 4,378 End of year
The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.:
Net sales $ 10,894
Total assets 4,378
End of year balance in cash 1,079
Total stockholders' equity 368
Gross profit (Sales Cost of Sales) 2,488
Net increase in cash for the year 18
Operating expenses 2,047
Net operating cash flow 700
Other income (expense), net (12)
Compute Amazon's balance in cash at the beginning of the year.?
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