Solution-Compute amazons cost of goods sold for the year

Compute amazons cost of goods sold for the year

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Reference no: EM132816269

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

Net sales $10,725

Total assets 4,522

End of year balance in cash 1,141

Total stockholders' equity 407

Gross profit (Sales - Cost of Sales) 2,461

Net increase in cash for the year 12

Operating expenses 2,062

Net operating cash flow 636

Other income (expense), net (31)

Required - Compute Amazon's cost of goods sold for the year.

Reference no: EM132816269

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Compute amazons cost of goods sold for the year

Reference no: EM132816269

Reference no: EM132816269

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