The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales$10,799
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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.:
Net sales$10,799
Total assets4,489
End of year balance in cash1,144
Total stockholders' equity356
Gross profit (Sales Cost of Sales)2,496
Net increase in cash for the year24
Operating expenses2,060
Net operating cash flow734
Other income (expense), net(31)
Compute Amazon's balance in cash at the beginning of the year.
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