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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $ 10,720 Total assets 4,497 End of year
The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: | |||
Net sales | $ | 10,720 | |
Total assets | 4,497 | ||
End of year balance in cash | 1,087 | ||
Total stockholders' equity | 493 | ||
Gross profit (Sales Cost of Sales) | 2,647 | ||
Net increase in cash for the year | 18 | ||
Operating expenses | 2,066 | ||
Net operating cash flow | 632 | ||
Other income (expense), net | -28 | ) | |
Compute the income before income tax for Amazon. |
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