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Compute Amazon balance in cash at the beginning

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Reference no: EM132590830

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

Net sales$10,719 Total assets 4,405 End of year balance in cash 1,136 Total stockholders' equity 354 Gross profit (Sales - Cost of Sales) 2,489 Net increase in cash for the year 27 Operating expenses 2,066 Net operating cash flow 698 Other income (expense), net (15)

Required - Compute Amazon's balance in cash at the beginning of the year.

a. $713

b. $1,136

c. $1,109

d. $792

Reference no: EM132590830

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