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You are the accountant for Amazon.com, Inc. The following data is provided for the month of March 2024: Sales revenue: $2,000,000 Cost of goods sold:
You are the accountant for Amazon.com, Inc. The following data is provided for the month of March 2024:
- Sales revenue: $2,000,000
- Cost of goods sold: $1,200,000
- Operating expenses: $400,000
- Interest expense: $50,000
- Income tax expense: $100,000
Calculate the gross margin, operating income, and net income for Amazon.com, Inc. for March 2024.
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