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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $10,716 Total assets 4,370 End of year balance
The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: |
Net sales | $10,716 |
Total assets | 4,370 |
End of year balance in cash | 1,126 |
Total stockholders' equity | 462 |
Gross profit (Sales - Cost of Sales). | 2,653 |
Net increase in cash for the year | 17 |
Operating expenses | 2,065 |
Net operating cash flow | 740 |
Other income (expense), net | (13) |
Compute Amazon's cost of goods sold for the year. |
$ 7,175
$ 5,110
$ 8,063
$ 8,651
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