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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $ 10,826 Total assets 4,458 End of year
The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.:
Net sales | $ | 10,826 | |
Total assets | 4,458 | ||
End of year balance in cash | 1,212 | ||
Total stockholders' equity | 404 | ||
Gross profit (Sales Cost of Sales) | 2,654 | ||
Net increase in cash for the year | 20 | ||
Operating expenses | 2,066 | ||
Net operating cash flow | 777 | ||
Other income (expense), net | (29) | ||
Compute Amazon's cost of goods sold for the year.
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