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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $ 10,808 Total assets 4,386 End of year
The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.:
Net sales | $ | 10,808 | |
Total assets | 4,386 | ||
End of year balance in cash | 1,088 | ||
Total stockholders' equity | 417 | ||
Gross profit (Sales Cost of Sales) | 2,546 | ||
Net increase in cash for the year | 25 | ||
Operating expenses | 2,061 | ||
Net operating cash flow | 779 | ||
Other income (expense), net | (22 | ) | |
Compute Amazon's cost of goods sold for the year.
Multiple Choice
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$5,165
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$4,334
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$7,226
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$8,262
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