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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $ 10,883 Total assets 4,451 End of year
The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.:
Net sales | $ | 10,883 | |
Total assets | 4,451 | ||
End of year balance in cash | 1,131 | ||
Total stockholders' equity | 482 | ||
Gross profit (Sales Cost of Sales) | 2,556 | ||
Net increase in cash for the year | 17 | ||
Operating expenses | 2,052 | ||
Net operating cash flow | 633 | ||
Other income (expense), net | (16) | ||
Compute the income before income tax for Amazon.
Multiple Choice
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$ 408
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$ 488
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$ 568
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$ 608
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