Question
The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales$10,778 Total assets4,462 End of year balance in cash1,207
The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.:
Net sales$10,778
Total assets4,462
End of year balance in cash1,207
Total stockholders' equity475
Gross profit (Sales Cost of Sales)2,573
Net increase in cash for the year11
Operating expenses2,053
Net operating cash flow770
Other income (expense), net(17)
Compute Amazon's total liabilities at the end of the year.
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Financial Accounting IFRS
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
2nd edition
1118285909, 1118285905, 978-1118285909
