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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $ 10,889 Total assets 4,517 End of year
The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $ 10,889 Total assets 4,517 End of year balance in cash 1,106 Total stockholders' equity 340 Gross profit (Sales Cost of Sales) 2,460 Net increase in cash for the year 22 Operating expenses 2,065 Net operating cash flow 709 Other income (expense), net (22 ) Compute Amazon's balance in cash at the beginning of the year.
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