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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $ 10,722 Total assets 4,500 End of year
The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.:
Net sales | $ | 10,722 | |
Total assets | 4,500 | ||
End of year balance in cash | 1,084 | ||
Total stockholders' equity | 522 | ||
Gross profit (Sales Cost of Sales) | 2,489 | ||
Net increase in cash for the year | 20 | ||
Operating expenses | 2,058 | ||
Net operating cash flow | 745 | ||
Other income (expense), net | (21) | ||
Compute Amazon's balance in cash at the beginning of the year.
Multiple Choice
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$ 1,765
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$ 1,084
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$ 1,064
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$ 861
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