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Compute amazons balance in cash at the beginning of the year

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Question

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

Net sales$10,799

Total assets 4,489

End of year balance in cash 1,144

Total stockholders' equity 356

Gross profit (Sales - Cost of Sales) 2,496

Net increase in cash for the year 24

Operating expenses 2,060

Net operating cash flow 734

Other income (expense), net (31)

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

Reference no: EM132364233

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