Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following information ($ in millions) comes fr

The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.:...

90.2K

Verified Solution

Question

Accounting

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

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A tetrahedron is to be moved along a trajectory such that at the end of the...

Advance Math
Q

A system initially contains 2 lb of liquid water at 110ºF and 0.4 lb of ice...

Chemistry
Q

How is Rose's character revealed in this excerpt from "The Burning Book" by Cora Collen?A....

Biology
Q

Show with detailed solutions and formula derivations if t here is any 15 m 53...

Physics
Q

Determine whether the dilation from Figure A to Figure B is a reduction or an...

Geometry
Q

What entry records actual variable manufacturing overhead incurred? A. Variable overhead control XXX Accounts payable...

Accounting
Q

assume the following information: amount per unit sales $ 300,000 $ 40 variable expenses 112,500...

Accounting
Q

Summarized versions of Tacos Corporation's financial statements for two recent years are as follows. ...

Accounting
Q

If you were contemplating an investment in any of these two airline companies (Qantas and...

Accounting
Q

Question 9 of 12 Current Attempt in Progress Bridgeport Company's income statement contained the following...

Accounting
Q

Concord Corporation's accounting records reflect the following inventories: Dec. 31, 2016 Dec. 31, 2017 Raw...

Accounting
Q

Q 1 Part A. Step 1. Compute the Sustainable Growth Rate based on the...

Accounting