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Using the financial statement information, calculate the following ratios for the prior two fiscal years. For each ratio you should show the formula used, enter
Using the financial statement information, calculate the following ratios for the prior two fiscal years. For each ratio you should show the formula used, enter your company's numbers into that formula, compare the ratio (remember to use the last two years of data.) Current Ratio Profit Margin (Return on Sales) CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME AMAZON.COM, INC. (in millions) Year Ended December 31, 2019 2020 2021 $ 11,588 $ 21,331 $ 33,364 Net income Other comprehensive income (loss): -Net change in foreign currency translation adjustments: Foreign currency translation adjustments, net of tax of $(5), $(36), and $47 Reclassification adjustment for foreign currency translation included in "Other operating expense (income), net," net of tax of $29, $0, and SO Net foreign currency translation adjustments Net change in unrealized gains (losses) on available-for-sale debt securities: Unrealized gains (losses), net of tax of $(12), S(83), and $72 Reclassification adjustment for losses (gains) included in "Other income (expense), net," net of tax of $0, $8, and $13 Net unrealized gains (losses) on available-for-sale debt securities 78 561 (819) (108) (30) 561 (819) 83 273 (343) (4) (28) (34) 79 245 (377) Total other comprehensive income (loss) Comprehensive income 49 806 (1,196) $ 11.637 $ 22,137 $ 32,168 See accompanying notes to consolidated financial statement
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