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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales Total assets $10,803 4,377 End of year

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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales Total assets $10,803 4,377 End of year balance in cash. 1,043 Total stockholders' equity 504 Gross profit (Sales Cost of Sales) 2,585 Net increase in cash for the year 28 Operating expenses Net operating cash flow Other income (expense), net 2,060. 780 (22) Compute Amazon's cost of goods sold for the year. Multiple Choice $8,743 $8,218 The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales Total assets $10,803 4,377 End of year balance in cash. 1,043 Total stockholders' equity 504 Gross profit (Sales Cost of Sales) 2,585 Net increase in cash for the year 28 Operating expenses Net operating cash flow Other income (expense), net 2,060. 780 (22) Compute Amazon's cost of goods sold for the year. Multiple Choice $8,743 $8,218

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